Shares of Turanbank for a total of 167.71 million manat were posted on the BSE on Tuesday.
Issue of 9,243 thousand ordinary registered non-certificated shares of nominal value of AZN 1,082 passed state registration in early March of this year. According to the exchange, all shares were sold in a single transaction (one investor).
Underwriting services were provided by LLC Chelsea Capital. On today placed 50% (5 million manat) announced issue. According to the legislation issue is held in the case of placing her half. Paid charter capital thus reached AZN 35 million.
The shareholders are 21 physical and 5 legal entities. - 15B -
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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