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Finance
26/09/2012
Kito Investmens Pte. Ltd to acquire shares of Savdogarbank
Kito Investmens Pte. Ltd to acquire shares of Savdogarbank
Tashkent, Uzbekistan (UzDaily.com) --
Singapore’s Kito Investmens Pte. Ltd. announced its intention to buy shares of open joint stock commercial bank “Savdogar” (Savdogarbank).
According to the disclosure statement, the company plans to acquire 15% or more shares of Savdogarbank. The company did not reveal the number of acquired shares or the sum of the deal.
Open joint stock commercial bank “Savdogar” was founded on 12 May 1994. Among large shareholders are Xorazm shakar (30.1%) and Germany’s R&D Express-Aussenhandels GmbH (25.6%).
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