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Finance 28/05/2011 Alliance Leasing to pay dividends for 2010 (Updated)
Alliance Leasing to pay dividends for 2010
Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of общества Alliance Leasing JV OJSC adopted decision to pay dividends for 2010, the company’s statement said.

The company said that the shareholders directed 5% of 2010 net income or 24.625 million soums to reserve fund.

The shareholders directed 301.008 million soums to payment of dividends, while other part of income was not distributed.

In line with the decision, Alliance Leasing will pay 52.92 soums per ordinary share. The company said that total number of shares, on which dividends will be paid, makes up 5,687,987 ordinary shares.

Net income of the company grew from 354.808 million soums in 2009 to 492.501 million soums in 2010.

Uzbek-British Joint Venture in the form of the open joint-stock company Alliance-Leasing was established on 29 December 2007 via attraction of the foreign direct investment. The major foreign shareholder of the company is AGS Capital Ltd.(United Kingdom).

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