On November 12, 2019, the Chairman of the Board of Directors of Military Commercial Joint Stock Bank (MB) approved the plan for the share transfer of 28 Corporation One Member Limited Liability Company at Military Commercial Joint Stock Bank by trading methods (order-matching or put-through) under the securities regulations.
At present, 28 Corporation One Member Limited Liability Company is holding 11,591,281 shares at MB, of which 1,898,513 dividend shares paid for the period of 2013 – 2017. Therefore, 28 Corporation registered to sell 1,898,513 shares, accounting for 0.08% of MB’s charter capital. After the deal, the owning volume of military firms at MB will decrease from 36.62% to 36.54% and not affect the veto.