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AGMK to increase charter capital to 252.28bn soums
AGMK to increase charter capital to 252.28bn soums

AGMK to increase charter capital to 252.28bn soums

Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock company “Almalyk Mining and Metallurgy Combine” (AGMK) will place shares for total sum of over 252.28 billion soums.

The Center for coordination and development of securities market of the State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition registered the prospectus of emission of the AGMK.

Within the emission, the company will issue 87,466,100 ordinary and 2,249,558 preferential shares with par value of 2,812 soums each. Total sum of the emission makes up 252.28 billion soums.

The shares will be placed on closed subscription among shareholders via replacing old shares with lower par value to new shares.

The company said that part of shares for about 198.182 billion soums are paid on par value and other part for 54.098 billion soums will be paid due to part of net income of AGMK for 2012 and 2011.

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