/KASE, February 10, 09/ - ATFBank (Almaty), a representative of holders of
infrastructure bonds KZ2CKY23B672 (KASE official list, the second subcategory
of the Non-rated debt securities category, DTJLb1; KZT1,000, KZT30.0 bn.;
02.08.05 - 02.08.28, annual coupon indexed to inflation rate, 19.95 % APR as for
the current period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty), provided
Kazakhstan Stock Exchange (KASE) with a copy of letter No. 65 of Doszhan
Temir Zholy (DTZ) dated February 5, 2009:
Quotation beginning
We inform that within the frame of order of the Prime-Minister of the Republic
of Kazakhstan K. Masimov, the Government of the Republic of Kazakhstan
allocated from its reserves KZT3,090 m. to Fund of national wellbeing
Samruk-Kazyna (hereafter - the Fund) for implementation of project Construction
and operation of new railway Shar - Ust-Kamenogorsk, through fund subsidiaries'
acquisition of shares of Doszhan Temir Zholy (hereafter - DTZ).
The sum arrived to the Fund at the end of December 2008. However, it is not
decided yet on increase of charter capitals of subsidiaries of the Fund for
purposes of further capitalization of DTZ. DTZ has no official data on terms of
implementation of the procedure by the Fund.
In this connection the debt on coupon interest will be paid as the funds arrive
to DTZ.
The coupon and forfeit are planned to be paid at the end of February 2009.
Quotation end
The letter of Doszhan Temir Zholy (DTZ) is available at the KASE website at:
http://www.kase.kz/files/mix/dtjl_letter_050209.pdf
The bonds were issued by Doszhan Temir Zholy (DTZ) for purposes of receipt of
money for implementation of project Construction and operation of new railway
Shar - Ust-Kamenogorsk. The bonds defaulted on payment of interest for the
third coupon period (August 2, 2007 through August 2, 2008).
Below are related links on the subject:
- KASE news released January 22, 2009 "ATFBank conducts monitoring of
implementation of project of Doszhan Temir Zholy (DTZ) on construction and
operation of railway Shar - Ust-Kamenogorsk" -
http://www.kase.kz/news/show/1064998
- KASE news dated January 14, 2009 "ATFBank continues to protect interests
of holders of bonds KZ2CKY23B672 (DTJLb1) Doszhan Temir Zholy (DTZ)"
-
http://www.kase.kz/news/show/1064380
- KASE news dated December 26, 2008 Doszhan Temir Zholy (DTZ)
(Kazakhstan) provides KASE with data on terms of coupon payment on
bonds KZ2CKY23B672 (DTJLb1)" -
http://www.kase.kz/ru/news/show/1063321
- KASE news dated December 11, 2008 "MBEP informs on results of
monitoring on situation of technical default on bonds of Doszhan Temir Zholy
(DTZ) (KZ2CKY23B672, DTJLb1)" -
http://www.kase.kz/ru/news/show/1062360
- KASE news December 4, 2008 "ATFBank provides KASE with plan of actions
of Doszhan Temir Zholy (DTZ) (Kazakhstan) on redemption of debt before
bondholders of KZ2CKY23B672 (DTJLb1)" -
http://www.kase.kz/ru/news/show/1061909
- Letter No. 445 of Doszhan Temir Zholy (DTZ) dated November 14, 2008 -
http://www.kase.kz/files/mix/dtjl_letter_141108.pdf
- KASE news dated September 26, 2008 "Doszhan Temir Zholy (DTZ)
(Kazakhstan) provides KASE with explanations due to default on bonds
KZ2CKY23B672 (DTJLb1)" -
http://www.kase.kz/news/show/1056957
- KASE news dated August 18, 2008 "ATFBank informs on default of Doszhan
Temir Zholy (DTZ) (Kazakhstan) on bonds KZ2CKY23B672 (DTJLb1)" -
http://www.kase.kz/news/show/1054368
- KASE news dated July 28, 2008 "ATFBank informs on temporary shortage of
money at Doszhan Temir Zholy (DTZ) for payment of coupon interest on
bonds KZ2CKY23B672 (DTJLb1)" -
http://www.kase.kz/news/show/1052979
Apart from Doszhan Temir Zholy (DTZ), four more KASE listing companies,
whose securities are currently listed on KASE, informed on insolvency to fully
or partially comply with obligations before bondholders on coupon payment.
They are:
- Almaty distillery plant (Almaty) - on bonds KZ2C0Y05C523 (KASE official
list, the second subcategory of the Non-rated debt securities category,
ALVZb1, KZT1,000; KZT2.0 bn.; 04.05.07 - 04.05.12; semiannual coupon
indexed to inflation rate, 13.00 % APR as for the reporting period; 30/360)
for the period May 4 through November 4, 2008;
- ICKE CAT COMPANY (Almaty) - on bonds KZ2C0Y07C321 (KASE official
list, the second subcategory of the Non-rated debt securities category,
ISKEb1; KZT1,000, KZT1.0 bn.; 15.12.06 - 15.12.13, semiannual coupon
10.00 % APR; 30/360) for the period June 15 through December 15, 2008;
- Transstroymost (Almaty oblast) - on bonds KZ2CKY05B950 (KASE official
list, the first subcategory of the Non-rated debt securities category, TSSMb1;
KZT100, KZT5.0 bn.; 06.04.06 - 05.04.11, semiannual coupon indexed to
inflation rate, 12.00 % APR as for the reporting period) for the period
April 6 through October 6, 2008;
- REMIX-R (Almaty) - on bonds KZ2C0Y05C762 (KASE official list, the second
subcategory of the Non-rated debt securities category, RMXRb1; KZT1,000,
KZT2.0 bn.; 29.12.07 - 29.12.12, semiannual coupon 12.00 % APR) for the
period June 29 through December 29, 2008.
KASE reminds according to its internal document "Rules on Dissemination of
Stock Exchange Information" no to incur responsibility for correctness of the
general information spread thereby on KASE members and information on
securities issuers admitted to circulation on KASE, in case such information is
based on messages and documents received from such members and issuers in
pursuance of their duties before KASE. At generation of such information KASE
shall not check correctness of the indicated data and documents. The person,
wiling to disprove information released in the message, must apply to KASE with
a corresponding official letter.
[2009-02-10]