The company issued 221,639 ordinary shares and 24,627 preferential shares with the par value of 5,000 soums each.
The company said it will convert old shares with lower value to new shares with higher value of shareholders. At the same time, the company will direct 985.064 million soums of undistributed income to pay difference.
Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.
