KASE council refused DANABANK JSC (Kazakhstan) of transferring of its KZ1C37560014 issue common shares from "B" listing category to "A" listing category
12.06.06 21:38
/KASE, June 12, 06/ - By decision of Kazakhstan stock exchange's (KASE)
council dated from June 9 of year 2006, it was refused DANABANK JSC
(Pavlodar) of transferring of its KZ1C37560014 issue common shares (trade
symbol - DNBN) from "B" listing category to "A" listing category.
Exchange's council took such a decision after examination of KASE Listing
commission, comments of its financial consultant, in the role of which
financial company REAL-INVEST.kz JSC (Almaty) acted.
According to point 3 of article 18 of Listing rules decision on including of
securities in official list of the exchange or on transferring of securities
from one listing category to another is taken by simple majority of voters
from the total number of voting members of Exchange's Council. Taking little
number of votes means refuse of listing of transferring. 4 members of
Exchange's council voted for for taking this decision, 2 members stood
against, and 5 members abstained from voting. The total number of members
of Exchange's council currently is 15 persons
[2006-06-12]