OAO Slootsk sugar refinery’s shareholders adopted a resolution on Aug 12, to increase the state-owned stake from 25.4% to 51%.
The state-owned stake will be increased by means of issuing additional shares, which will be surrendered to the state.
The sugar refinery’s statutory capital is made up of 336,059 shares with a face value of Br130 ($67.03), of which 85,364 are owned by the state. The shares are distributed between 5,868 shareholders, including 21 companies and 5,847 individuals.
Established in 1965, OAO Slootsk Sugar Refinery (Minsk region) is one of the four major sugar refineries in Belarus. (Prime-TASS/Business World Magazine)
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