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Finance 25/05/2011 ALSKOM to pay dividends for 2010
ALSKOM to pay dividends for 2010
Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of ALSKOM open joint stock insurance company adopted decision to pay dividends for 2010.

Shareholders distributed net income of the company for 540.083 million soums. In line with the decision, the company will direct 20 million soums to payment of dividends on preferential shares and 300 million soums on ordinary shares.

At the same time, the company will pay 80.81 soums per ordinary share and 800 soums per preferential shares. Total number of shares, on which dividends will be paid, makes up 3712358 ordinary shares and 25,000 preferential shares.

ALSKOM will also direct 20.083 million soums to remuneration – 10 million soums to remuneration of the members of Supervisory Council, 1 million soums to remuneration of Revision Commission and 9.083 million to remuneration of employees.

The shareholders undistributed 200 million soums of net income and said that the resources can be directed to increasing charter capital.

As earlier reported, net income of ALSKOM open joint stock insurance company grew from 137.664 million soums in 2009 to 645.068 million soums in 2010

ALSKOM has been working in Uzbekistan’s insurance market since 1996 and currently it is one of the leading insurance companies in Uzbekistan. It provides 40 insurance products in voluntary and mandatory insurance segments.

The shareholders of the company are enterprises of the Uzbek Agency for Communication and Information, Aloqabank, Insurance Company Soglasiye (Russia), Eastinvestor Ltd., Diamond Age Russian Investments Ltd., Bluecourt Investments LLP, UzbekInvest, Hamkorbank, Ansher Investments LLP and individuals.

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