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Finance 03/08/2015 Uzselhozmashlizing to increase its charter capital up to 100bn soums
Uzselhozmashlizing to increase its charter capital up to 100bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Joint stock leasing company Uzselhozmashlizing will raise its charter capital up to 100 billion soums.

The Government of Uzbekistan issued a resolution “On measures on further raising level of the capitalization of Joint stock leasing company Uzselhozmashlizing” on 27 July 2015.

The document was adopted in order to ensure complex mechanization of agriculture based on speedy update of agriculture equipment, equipping with modern agriculture tools, expanding participation of Uzselhozmashlizing in the process of modernization of agriculture production.

The Government of Uzbekistan approved proposal of shareholders of Uzselhozmashlizing, State Committee of Uzbekistan for privatization, demonopolization and development of competition, Ministry of Finance of Uzbekistan on increasing the charter capital of the leasing up to 100 billion soums via placement of additional shares for 48.068 billion soums.

State Committee of Uzbekistan for privatization, demonopolization and development of competition will purchase shares of additional emission of Uzselhozmashlizing in 2015.

The government recommended stakeholders of Uzselhozmashlizing to approved necessary organizational measures on increasing charter capital of the company for 100 billion soums.

The Center for coordination and development of securities market was ordered to register additional emission of shares of Uzselhozmashlizing without levying payment for registration.

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