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Economy 04/03/2011 Uzbekyengilsanoat issues shares for 8.873bn soums
Uzbekyengilsanoat issues shares for 8.873bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekyengilsanoat (Uzbek Light Industry) state joint stock company will place shares for 8.873 billion soums.

The company said that the Center for coordination and control over functioning of securities market registered the prospectus of emission on 25 February.

In line with the prospectus of emission, the company will issue 88,726 ordinary shares with par value of 100,000 soums each. Total volume of emission makes up 8,872,600,000 soums.

The shares of the emission will be placed on closed subscription. The securities will be placed to the State Property Committee of Uzbekistan due to the state share. The shares will be paid with the property.

According to the prospectus of emission, Uzbekyengilsanoat will receive sporting complex in Tashkent for 818.575 million soums and property complex in Namangan city for 8.054 billion soums.

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