SOCAR Petroleum to increase capital

Business Materials 11 January 2017 16:48 (UTC +04:00)

Baku, Azerbaijan, Jan. 11

By Azad Hasanli – Trend:

Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered the issue of shares of SOCAR Petroleum CJSC amounting to almost 53.9 million manats, FIMSA said in a message Jan. 11.

The nominal value of each of the 179,617 shares is 300 manats.

SOCAR Petroleum CJSC was established in 2008. The company owns a network of filling stations and also carries out gross sale and retail sale of oil products.

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