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Newspaper: Armenian trading network “STAR” plans in 2012 to conduct the first IPO

09.12.2011 14:33

Newspaper: Armenian trading network “STAR” plans in 2012 to conduct the first IPO

YEREVAN, December 9. /ARKA/. Armenian trading network STAR plans to conduct the first IPO in the second half of 2012, said Executive Director of the company Vahan Kerobyan in the interview to the newspaper “Orakarg”.

He said that public placement of shares will take place in Armenia, and listing of company’s shares will be implemented in NASDAQ OMX Armenia stock exchange.

“Today the stock exchange offers good conditions. Being in the Armenian platform, we will become available for other platforms and foreign investors can even buy and sell our shares. In the capital market we see bright future”, said Kerobyan.
Conduction of IPO will help to strengthen the capital of the company and diversify it.

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