Azerbaijan, Baku, Jan.5 / Trend N. Ismayilova /
The State Securities Committee (SSC) of Azerbaijan registered the issue prospectus of ordinary registered book-entry shares of CJSC "Innovativ Tedris Menbeleri" totaling 4.5 million manat, the state committee said today.
Within the issue 750 shares par value of each at 6,000 manat were issued. Issue will be realized through a public placement.
As the state committee reported, the company has been recently created and established with authorized capital worth six million manat. This issue is the first, and thereafter it is expected to issue the second part of it in the rest amount of authorized capital.
The company provides multimedia services in the education sector.
The official exchange rate on Jan. 5 is 0.7977 manat to $1.