OREANDA-NEWS. On August 14, 2008 Shareholder Meeting of ASKA Ukrainian Insurance Company (UASK ASKA) took place in Donetsk, reported the press-centre of SCM.

Shareholders approved decision to increase authorized stock of the company by UAH 40m, through additional contributions of shareholders.

Thus, the authorized stock of ASKA will make UAH 144,584,880.

Last time the company raised its authorized stock in early 2008 by UAH 40m.

The decision to increase the authorized stock was made to realize strategic development plan of the Company, as well as improve its current paying capacity and liquidity.

Additional issue shares will be emitted in the period from 29 September, 2008 till 31 October, 2008.