STAR DOESN’T RULE OUT CLOSED ISSUE OF SHARES
ArmInfo
2009-05-20 19:49:00
ArmInfo. The STAR company doesn’t rule out holding of a closed issue
of shares to increase the capital, Executive Director of STAR Vahan
Kerobyan told ArmInfo correspondent. "During the crisis, the growth
of capitalization is special necessity for the company to operate as
steadily as possible",- he said. At the same time, Kerobyan said that
during the recent annual meeting of stockholders of the European Bank
for Reconstruction and Development in London, EBRD confirmed that it is
going to increase the capitalization of the STAR company. To recall,
STAR was also going to attract financing from various international
financial organizations.
To recall, at present, the STAR network, which has been operating since
1998, numbers 13 supermarkets (12 in Yerevan, 1 in Hrazdan). One of
the STAR shareholders is EBRD with 28.3% share of participation.