Which publishers raised capital?
According to Tejarat News, raising capital as a way to finance companies has always been of interest to shareholders. This process is done in different ways and in several stages. Therefore, publishers are obliged to inform the shareholders about the process of this important process by publishing several announcements in Kadal. To this end, several of these announcements are described below.
Teacher: Teacher Insurance announced that it has decided to increase its capital by 79% based on the proposals of the board of directors. Accordingly, the company said: the explanatory report of the board of directors in order to propose a capital increase from 419.4 billion tomans to 750 billion tomans from the current shareholders’ claims, cash and accumulated profits to reform the financial structure, increase the share of holding and obtaining licenses Mutual acceptance, increase of financial wealth and increase of investment capacity, which was approved by the Board of Directors on February 26, 2014, has been sent to the auditor and statutory auditor for comment. The mentioned capital increase is subject to the approval of the Stock Exchange and Securities Organization and the approval of the Extraordinary General Assembly.
Midco: The Middle East parent company specializing in the development of mines and mining industries also announced that it has decided to increase its capital by 233% based on the proposals of the board of directors. In this regard, “Midco” said: The explanatory report of the board of directors has been submitted in order to propose a capital increase from 60,000 billion tomans to 20,000 billion tomans from the current shareholders’ claims and bring cash to reform the financial structure to comment to the auditor and statutory auditor. .
Vespehr: Sepehr Saderat Financial Group Investment Company also announced that the explanatory report of the board of directors in order to propose a capital increase from 3,000 billion tomans to 7,5,000 billion tomans (150% capital increase) from the current shareholders’ claims and bring cash in order to Reimbursement of expenses incurred for investments made and financial structure reform sent to the auditor and statutory auditor for approval.
Source: the world of economy