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Bagliy Coke To Double Charter Fund.

Bagliy Coke To Double Charter Fund.

14 December 2008

The company?s (BKOK) AGM, on December 19 will consider issuing 342.3 mln additional shares for a total of USD 16.9 mln, which would double its charter fund. The subscription period is tentatively scheduled for February 20, 2006 ? March 10, 2006. Concorde Capital: In 9M05, BKOK reported a 570% increase in sales, to USD 103.8 mln, and posted USD 5.5 mln in net income as opposed to its USD 1.3 mln loss in 9M04. We interpret this as a sign of the gradual phasing out of tolling schemes. The company is a likely take-over candidate, as its controlling stakeholder, Privat group, expressed interest in selling this asset.

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