Maxam-Chirchiq directs 5bn soums to payment of dividends
16/10/2014 09:25
Maxam-Chirchiq directs 5bn soums to payment of dividends
16/10/2014 09:25
Tashkent, Uzbekistan (UzDaily.com) -- Joint stock company Maxam-Chirchiq will direct 5 billion soums to pay dividends for 2013. The shareholders f the company distributed undistributed income of the company for 2013.
According to the shareholders, Maxam Chirchiq will pay 2000.3 soums per ordinary share for 2013, which makes up 20% of par value of stock.
Total number of shares, on which dividends are paid, makes up 2,499,618 ordinary shares.
The shareholders of the company kept 8.453 billion soums as undistributed income.
Maxam-Chirchiq JSC, former Elektrohimprom, was commissioned in 1940 and specializes on production of ammonia, ammonium nitrate, and carbamide. MaxamCorp S.A.U. purchased 49% stake at Elektrohimprom for US$22 million in 2007. The company undertook obligation to invest US$55 million in next five years.
Maxam-Chirchiq is a leading chemical enterprise in Uzbekistan, which produces 30 types of goods. The company realizes its products in internal market and exports to the countries of the CIS, European Union, USA, Latin America, and Australia.
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