OREANDA-NEWS  On 11 November was announced, that the Budmekhanizatsia company (BMEH) intends to increase a statutory fund by UAH 15.306 million to UAH 19.132 million via additional issue of shares.

The company intends to additionally issue 61,223,680 simple registered shares in a documentary form and a face value of UAH 0.25 per share.

The shares will be placed privately.

A motif for statutory fund increase is replenishment of circulating funds. It is planned to place the shares from January 23, 2009 till February 12, 2009. The shareholders of the company intend to consider the issue of statutory fund increase at their meeting on November 10.

The Budmekhanizatsia company, registered as an open joint stock company, is engaged in construction and real estate leasing.

29.999% shares of Budmekhanizatsia belong to Kyivmistobud, 19.997% shares to CJSC Modern Construction, 16.123% shares to LLC Ukrmistobud (all based in Kyiv).