Baku, Azerbaijan, Dec. 27
By Nigar Guliyeva – Trend:
Uzbekistan for the first time will offer shares of major companies to the public through IPO and SPO. The State Committee for Competition said that, as a pilot project, shares of three joint-stock companies will be offered to the public. These are the production enterprises "Kvarts", "Shahrisabz wine-arok" and "Qoqon mekanika zavodi".
Anyone can apply for the purchase of shares by contacting the stockbroker, commercial bank or insurance company.
Information on investment intermediaries is available on the websites of the Center for Coordination and Development of the Securities Market and the Republican Stock Exchange "Toshkent".
According to the data published on the Unified Corporate Information Portal, JSC "Kvarts" in 2016 received a net profit of 56.18 billion soums. Out of them, 28.09 billion soums was allocated for payment of dividends.
The owner of JSCs Shahrisabz wine-arok and Qoqon mekanika zavodi, which are publicly traded in the SPO way, is the state represented by the State Committee for Competition and Uzneftegazmash.