AG Leasing Hold Negotiations on Additional Financing
Azerbaijan, Baku / Trend corr. U.Ismaylova / AG Leasing company is holding negotiations with partners to draw additional financing, Azar Mammadov, the head of the company, said on 25 September. He did not divulge the names of the partners.
The negotiations have been held on the basis of an audit conducted by Moore Stephens company on the results of AG Leasing in 2005 and 2006, Mammadov said. Moore Stephens is amongst the top10auditors in the world.
AGBank and Hyperion have 30% shares in Ag Leasing, Delta trans 25% and Milio Ltd 15% and the other shareholders represent foreign capital.