Saturday, 24, October, 2020

UzAuto Motors has announced a call for bids to organize an initial public offering (IPO), the company announced on the Unified portal of corporate information.

For this, it is planned to issue additional shares worth of up to 10% of the company’s authorized capital.

Investment intermediaries or Uzbekistan commercial may bid.

Foreign consultants may participate in a consortium with duly licensed investment intermediaries and / or investment intermediaries may engage foreign consultants.

100% of UzAuto Motors shares belong to Uzautosanoat.

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