Open Joint-Stock Company (OJSC) Amonatbonk (Tajikistan’s savings bank) has begun buying shares of the liquidated OJSC “Sangtuda” from the population and organizations.
The process of buying the shares from the population and organizations began on May 13 and will last through December 31, 2021 and Amonatbonk buy the shares at par value – 10.00 U.S. dollars.
The bank will buy the shares in the national currency, the somoni, at the rate on the day of appeal, Saifullo Salimov, a spokesman for Amonatbonk, told Asia-Plus in an interview.
According to him, shareholders may apply to the nearest branch of Amonatbonk.
Recall, the Government of Tajikistan has decided to buy shares of the Sangtuda-1 hydroelectric power plant (HPP) from the population and organizations at par value.
In a report released at a news conference in Dushanbe, Amonatbonk head Sirojiddin Ikromi revealed on February 5 that the Government has ordered to allocate 10 million somoni to buy the Sangtua-1 HPP share from physical and legal entities at par value – 100 somoni (equivalent to US$10.5) per share.
The State Committee on Investments and Management of State-owned Property and Directorate for the Cascade of HPSs on the Vakhsh River founded the OJSC “Sangtuda” in 1996 and the first emission of shares for Sangtuda HPP was carried out that year.
The face value of one share was equivalent to $10.00. The shares were distributed among legal and physical entities. Money received from realization of the securities has been deposited on a special bank account in Amonatbonk.
