KULOB, December 22, 2009, Asia-Plus — Mahmadsiddiq Odinayev, the head of the Kulob firm, Kulob Navroson, intends to buy shares in Roghun for 500,000 somoni.
He told Asia-Plus today that he plans to acquire an inscribed Certificate of Shares for 50,000 somoni straight after the shares will be available on the country’s stock market in early 2010 and then he will buy the shares during the whole period of construction of the Roghun hydroelectric power plant (HPP).
Kulob Navrason owns a number of liquefied-gas refueling stations in Kulob.
Another Kulob entrepreneur, Nourali Hasanov, who heads the private firm Ghayrat, intends to purchase shares for 100,000 somoni, including the inscribed shares for 50,000 somoni and shares for 50,000 somoni in the name of the firm.
We will recall that in a report released at the government session, Minister of Finance Safarali Najmiddinov noted on December 4 this year that the face value of one share will be 100 somoni and they will issue the Certificates of Shares of different face values – in 500, 1000, 5000 and so on somoni. According to him, the shares will be given out during the first days of 2010. “Enterprises and persons that will buy shares for more than 5,000 somoni will be given special inscribed Certificates of Shares,” Najmiddinov said.
