HEADLINE NEWS

HEADLINE NEWS

Friday, September 16, 2011

Asiacell is inviting public and the shareholders for the subscription of the company shares which will start on Sept. 14, 2011.

Asiacell Subscription Announcement: Asiacell Telecom Ltd. announced that in reference to article (153) of Companies Law # (21) of 1997 and upon Company Registration Directorate approval, they are starting the procedures of changing the company form from "Limited Liability Company" to "Joint Stock Company". Asiacell is inviting public and the shareholders for the subscription of the company shares which will start tomorrow, Sept. 14, 2011. Current capital of Asiacell Telecom Joint Stock Company is ID270.012bn (1.00 ID/share) and the number of shares announced for public subscription is 10mn.

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