AGLeasing is planning to release its corporate stocks on 1m AZM by the mid May, the company `s Director General, Azer Mammedov told Trend . According to terms agreed by the shareholders, each stock will be valid for 2 year term with 13% annual revenue. The formal price of each AGLeasing stock will be 1.000 AZM.
The official release of stocks will begin after the formation of the founding capital till the announced 1m AZM level, he said.
AGLeasing will be the second leasing company to release its stocks, whereas the first one was AtaLeasing.