“Merano-Baku” prepares for capital growth

Merano-Baku” joint stock company, which supplies food to Azerbaijan, announced the issue of shares worth 100.000 manats. The company has placed a prospectus for the issue of its shares in the electronic disclosure system of the Central Bank of Azerbaijan. The document says that it provides for placement of 10 ordinary, registered, undocumented shares with a nominal value of 10,000 manats. Underwriter for placement is the investment company ‘Invest-Az”. If all the shares are placed, the authorized capital of “Merano-Baku” will grow from 100,000 to 200,000 manats

Source: Turan News Agency