Azerbaijan, Baku, August 1 /Trend, A.Akhundov/
The State Committee for Securities (SCS) of Azerbaijan has registered the emission prospectus of ordinary documentary nominal shares of "Joint Leasing Company" JSC, for 1.26 million manat, a committee report published on its website on Thursday said.
According to the report, the placement of emission will be carried out by converting around 3500 shares with a nominal value of 360 manat for each, into the same amount of shares with a nominal value of 200 manat. As a result, the company's authorized capital will increase by 80 percent - from 0.7 million manat to 1.26 million manat.
"Joint Leasing Company" JSC began functioning on June 14, 2007 as a legal successor of "Azerilizing" company. The founders of "Joint Leasing Company" are the British "DH Leasing LTD" company ( 52.4 percent) and the International Bank of Azerbaijan (47.6 percent). The company's authorized capital is 700,000 manat.
The official exchange rate for August 1 is 0.7845 AZN/USD.