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Quartz registers issue of shares for 37.36 billion soums
Quartz registers issue of shares for 37.36 billion soums

Quartz registers issue of shares for 37.36 billion soums

Tashkent, Uzbekistan (UzDaily.com) -- A leading manufacturer of glass products in Uzbekistan, Quartz, registered an additional issue of shares worth 37.36 billion soums.

The Center for Coordination and Development of the Securities Market registered a decision to issue shares of the company.

The shares of the emission will be paid due to reinvestment of retained earnings of previous years, including 23.25 billion soums for 2016.

It should be recalled that the Government adopted decision on sale of 10% shares in Quartz via IPO among investors.

Currently, the authorized capital of Quartz is 78.45 billion soums, taking into account the current capitalization of the charter capital.

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