Published
08/15/2025, 17:34At an extraordinary general meeting of shareholders held on August 11, 2025, OJSC O!Bank approved a new version of its charter in connection with an increase in its authorized capital.
The bank's authorized capital will increase to KGS 1.8 billion through a private placement (closed offering) of additional, eleventh issue shares. It is planned to issue 600,000 ordinary shares with a par value of KGS 500 each, for a total amount of KGS 300 million.
The placement of shares will begin after the registration of the issue and will be completed within six months. The additional shares will be placed among the existing shareholder, MKK Akcha Bulak LLC. Payment for the securities will be made in cash to a special account of the bank.
The shareholders also decided to re-register OJSC O!Bank with the justice authorities in connection with the approval of the new version of the charter.
