Azerbaijan, Baku, March 3 / Trend, E.Ismayilov /
The State Securities Committee (SSC) of Azerbaijan registered issue prospectus of ordinary registered book-entry shares of CJSC SOCAR Petroleum, SSC said on Saturday.
Some 30,613 shares with a nominal value of 300 manat each were released.
As a result of the issue placement, the company's authorized capital will be increased by 9.183.900 million manat.
The shareholders are the SOCAR Petroleum are SOCAR (51 percent) and the American A.P. International (49 percent). SOCAR Petroleum was registered on Jan.21, 2008.
The official exchange rate is 0.7861 manat to $1 on March 3.