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'Qala Life Insurance' shareholder sold its stake
Finance
- 20 July, 2017
- 11:14
Baku. 20 July. REPORT.AZ/ Nizami Mammad Mahmudov, who controls 8.89% of "Qala Life Insurance" OJSC shares, has sold his stake.
Report informs, his share was acquired by "Quna" LLC.
The remaining 91,11% of the company's shares are owned by "AzRe Reinsurance" OJSC as before.
Notably, "Qala Life Insurance" was established in 2008. Its charter capital amounts to 12.87 million AZN.
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