The Center for coordination and control over functioning of securities market under the State Property Committee of Uzbekistan registered a prospectus of emission of the company.

According to the emission, the company will place 47,000 ordinary shares with par value of 1,500 soums each. Total volume of the issue makes up 70.5 million soums.

The shares will be placed on open subscription. The shares will be traded on market value, but not less than its par value.

Currently, the charter capital of Uzkabel makes up 644.257 million soums. According to the company, Chinese Gulf Cable Trading Company possesses 49.53% stake in the company and Turkish Inter Kablo ve Bakir Sanayi Ticaret Limited Sirketi – 34.55%.

Uzkabel open joint stock company in form of joint venture is the largest producer of cable and wire products in Central Asia.

Uzkabel’s capacity is 50,000 tonnes of copper rod wire, trolley wire - 9,800 tonnes, telephone cable - 15,000 km, and logging cable for oil industry - 8,300 km.