From Feb. 26 the Far Eastern Sea Shipping launched the placement of stocks in the volume of 410.899mln rub. or 25% of share capital at 13.6 rub. per stock, the company informed.
The preemptive right can be used by the holders in proportion to their stakes.
410898000 common stocks of 1 rub. par are to be placed. In Oct. 2006 the Company acquired 50% in Transgarant. Till IQ end the
holders of the remained 50% are expected to swap their share for the stocks. Thus, Transgarant will become a sub of the increased holding.
The Shipping is one of the leading transportation entities in Russia. It has 1.643bn rub. in share capital split in 1643593000 common stocks. The major holder is Industrial Investors Group having 62% in the Company. It won the auction for the sale of 19.8% due to 3.919bn rub. in the bid against 3.32bn rub. of the initial price.
The 9-month net profit reached 813.347mln rub. which is 2.63 fold higher prior year figures.
The preemptive right can be used by the holders in proportion to their stakes.
410898000 common stocks of 1 rub. par are to be placed. In Oct. 2006 the Company acquired 50% in Transgarant. Till IQ end the
holders of the remained 50% are expected to swap their share for the stocks. Thus, Transgarant will become a sub of the increased holding.
The Shipping is one of the leading transportation entities in Russia. It has 1.643bn rub. in share capital split in 1643593000 common stocks. The major holder is Industrial Investors Group having 62% in the Company. It won the auction for the sale of 19.8% due to 3.919bn rub. in the bid against 3.32bn rub. of the initial price.
The 9-month net profit reached 813.347mln rub. which is 2.63 fold higher prior year figures.