OREANDA-NEWS. April 16, 2013. The State Committee of Securities of the Azerbaijan Republic has registered the first release of ordinarybook-entry shares for a total amount of 700 manatsby “Joint Leasing Company” Closed Joint Stock Company.

“Marja” reports according to the website of SCS that nominal value of the shares is 200 AZN, and their number is 3500.

After the placement total sum of the authorized capital of “Joint Leasing” will rise from 700 thousand up to 1.4 million AZN.

The biggest leasing company of Azerbaijan – “Joint Leasing Company” started as the legal successor of “Azerleasing” since 15 June 2007. The founders of “Joint Leasing Company” CJSC were British “DH Leasing LTD” company (52.4%), and “Azerbaijan International Bank” (47.6%). The predecessor of “Joint Leasing Company”, the first leasing company in Azerbaijan, “Azerleasing” JV was established in 1999.