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OMX FULL OWNER OF ARMEX, CENTRAL DEPOSITORY OF ARMENIA
ARKA News Agency
Jan 8 2008
Armenia
YEREVAN, January 8. /ARKA/. Yesterday the Swedish OMX operator
became full owner of the Armenian Stock Exchange (ARMEX) and Central
Depository of Armenia.
ARMEX reports that a 5-member Supervisory Council is shortly to
be formed, with three Council members to represent the OMX and two
Armenia.
On December 29, 2007, the Central Bank of Armenia (CBA) approved
amendments to the Rules of the Armenian Stock Exchange (ARMEX) and
RA Central Depository.
On November 21, 2007, the RA Government and the OMX operator singed
an agreement on the sale of ARMEX and the RA Central Depository to
the OMX.
ARMEX was founded in 2001 and incorporated by the RA Securities
Commission on February 13, 2001. On November 9, 2007, ARMEX was
transformed to an open corporation.
ARKA News Agency
Jan 8 2008
Armenia
YEREVAN, January 8. /ARKA/. Yesterday the Swedish OMX operator
became full owner of the Armenian Stock Exchange (ARMEX) and Central
Depository of Armenia.
ARMEX reports that a 5-member Supervisory Council is shortly to
be formed, with three Council members to represent the OMX and two
Armenia.
On December 29, 2007, the Central Bank of Armenia (CBA) approved
amendments to the Rules of the Armenian Stock Exchange (ARMEX) and
RA Central Depository.
On November 21, 2007, the RA Government and the OMX operator singed
an agreement on the sale of ARMEX and the RA Central Depository to
the OMX.
ARMEX was founded in 2001 and incorporated by the RA Securities
Commission on February 13, 2001. On November 9, 2007, ARMEX was
transformed to an open corporation.