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Economy 22/06/2011 NBU Investment OJSC to increase charter capital up to 100bn soums
NBU Investment OJSC to increase charter capital up to 100bn soums
Tashkent, Uzbekistan (UzDaily.com) -- NBU Investment open joint stock company is planning to increase its charter capital up to 100 billion soums, the company disclosed.

The company said that the shareholders determined maximum size of announced shares at the volume of 100,000 ordinary shares with par value of 1 million soums each.

The charter capital of the company made up 40 billion soums in 2010, which comprises of 40,000 ordinary shares.

Shareholders distributed net income of the company for 2010. They directed 95% of net income or 1.605 billion soums for payment of dividends and 5% or 84.499 million soums to formation of reserve fund.

The company will pay 40.14 soums of dividends per ordinary share for 2010.

National Bank for Foreign Economic Relations of Uzbekistan established investment and management company NBU Invetsment OJSC in 2009.

Primary task of NBU Investment is to financial recovery and rehabilitation of bankrupt enterprises, their modernization and production of competitive products in internal and external markets.

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