Bulgaria’s Varna-based furniture manufacturer Yavor will tap own resources to raise its capital to BGN 15.8 million from BGN 112,537 at present, the shareholders decided at a September 30 general meeting.
The company will issue some 15 million shares with a face value of BGN 1.0 each and split them among current shareholders without seeking to attract fresh cash.
The company will give 133 shares for each one held by shareholders registered no later than two weeks from the general meeting.
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