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SOCAR Petroleum to increase capital

Business Materials 11 January 2017 16:48 (UTC +04:00)
Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered the issue of shares of SOCAR Petroleum CJSC amounting to almost 53.9 million manats
SOCAR Petroleum to increase capital

Baku, Azerbaijan, Jan. 11

By Azad Hasanli – Trend:

Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered the issue of shares of SOCAR Petroleum CJSC amounting to almost 53.9 million manats, FIMSA said in a message Jan. 11.

The nominal value of each of the 179,617 shares is 300 manats.

SOCAR Petroleum CJSC was established in 2008. The company owns a network of filling stations and also carries out gross sale and retail sale of oil products.

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Follow the author on Twitter: @AzadHasanli

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