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Economy 31/05/2011 Uzmetkombinat to pay dividends for 2010
Uzmetkombinat to pay dividends for 2010
Tashkent, Uzbekistan (UzDaily.com) -- General shareholders of Uzbek Metallurgy Combine (Uzmetkombinat) open joint stock company adopted decision on payment of dividends for 2010.

The company said Uzmetkombinat will pay 294.08 soums per preferential shares (18.25% to par value of shares).

The dividend size per ordinary share will make up 294.08 soums per ordinary shares (18.25% to par value of shares).

The company said that the number of shares, on which dividends are paid, is 906,420 preferential shares and 39,106,272 ordinary shares.

Uzmetkombinat has been established in line with the resolution of the Cabinet of Ministers of Uzbekistan No. 159 from 24 March 1994 through re-organization of the state enterprise.

The enterprise specializes on processing ferrous metal scraps, production and realization of special iron, as well as other metal products and consumer goods.

Shareholders of Uzmetkombinat are the government (71.91%), labour (10%), National Bank of Uzbekistan for Foreign Economic Activity (3.85%), Avtosaninvestsavdo (3.85%), Navoi mining and metallurgy combine (3.85%), Almalyk mining and metallurgy combine (3.85%) and other individuals (2.69%).

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