Riga, Latvia, 2016-09-26 11:51 CEST (GLOBE NEWSWIRE) --
The holding company AmberStone Group, AS has established two new subsidiary companies, i. e., ASG 3, SIA and ASG 4, SIA. The share capital of each company amounts to EUR 3,000. Respectively, ABLV Bank, AS has acquired indirect qualifying holdings in ASG 3, SIA and ASG 4, SIA (via AmberStone Group, AS where ABLV Bank holds 24.64% of shares).
AmberStone Group, AS is a holding company established in 2013 that manages its subsidiaries and affiliate companies operating in various areas. The main long-term financial objective is to increase the value of the holding company as well as to ensure sustainable operations of its subsidiaries and affiliate companies. There are 103 shareholders in AmberStone Group, and the biggest shareholder is ABLV Bank, AS owning 24.64% of shares of the holding company. The holding company owns 70% of Vaiņode Agro Holding, SIA; 60% of Orto klīnika, SIA; 22.66% of Grindeks, AS; 100% of ASG 1, SIA; 90% of ASG 2, SIA; 100% of ASG 3, SIA and 100% of ASG 4, SIA.
Ilmārs Jargans
Head of Public Relations Department
ABLV Bank, AS
Tel.: +371 6777 5296
e-mail: ilmars.jargans@ablv.com