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Shares of insurance company included in BSE unquoted list

Business Materials 17 February 2010 20:56 (UTC +04:00)

Azerbaijan, Baku, Feb.17 / Trend

The Baku Stock Exchange (BSE) received a petition for including ordinary registered non-documentary shares of the BE & G Insurance company in its unquoted list, the BSE reported today

The BSE will start placement the shares of the insurance company March 3.

The BSE registered issue of the company's shares worth 1,000,000 manat. Some 5,000 units were issued with nominal value of 200 manat per each

Chelsea Capital company is the underwriter of the placement of  the company's shares

Interested can appeal to the BSE brokers

Feb.12, the official exchange rate is 0.8032 manat to $1.

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