Over 96,000 vouchers withdrawn from circulation

Ministry for State Property announced Saturday the results of the 50th specialized voucher auction held in late March. Shares of 21 joint stock companies were put on sale. As a result, 96,206 privatization vouchers were exchanged for shares and withdrawn from circulation.

Particularly luring were the shares of the “BakuDamirBeton” (reinforced concrete) JSC and the “BakuSanTekhElectrikGurashdirma” (sanitary engineering) JSC, which drew 32,983 and 19,182 vouchers respectively. The highest voucher rate was registered in the “EnerjiGurashdirma” (energy-supply) JSC: two shares per voucher, while the lowest - in the “MingachevirMashinTamir” (mechanical repair) JSC: 185 shares per voucher.*