OREANDA-NEWS. April 26, 2012. State joint stock foreign trade company Markazsanoateksport registered a prospectus of emission for 8.035 billion soums.

The Center for coordination and control over functioning of securities market under the State Property Committee of Uzbekistan registered a prospectus of emission of the company.

Within the issue, the company will float 55,000 ordinary shares with par value of 146,100 soums, Markazsanoateksport disclosed.

The company added that the shares will be placed among shareholders on closed subscription through replacement of old shares with nominal value of 115,600 soums to new ones with par value of 146,100 soums.

At the same time, the difference between old and new stocks (1.677 billion soums) will be paid due to capitalization of part of undistributed income.

State joint stock foreign trade company Markazsanoateksport was founded in 1992. The company is a commercial organization, established under the Ministry of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan for the implementation of foreign economic activities in following fields export of goods and commodities of the leading domestic manufacturers, facilitate the import of technological and agricultural equipment for domestic enterprises needs, promotion of innovative ideas of Uzbek scientific potential in foreign markets and attract foreign investments to the most promising projects of the Republic of Uzbekistan.

The main direction of activity of Markazsanoateksport is the export of products of leading Uzbek manufacturers, occupying leading positions in their respective segments, with ISO-certified manufacturing facilities throughout the Republic of Uzbekistan.