On September 28, KASE Listing Commission rejected the plan on removal of basis for transfer of bonds KZ2P0Y03C665 (AKKMb1) of Akmola Kurlys Materialdary (Kazakhstan) to the KASE official list "buffer category"
29.09.09 11:24
/KASE, September 29, 09/ - By the decision of Kazakhstan Stock Exchange
(KASE) Listing Commission of September 28, 2009 was rejected the plan on
removal of basis for transfer of bonds KZ2P0Y03C665 (AKKMb1; KZT1,000,
KZT5.0 bn; July 12, 07 - July 12, 10; the semi-annual coupon 9.00 % APR;
30/360) of Akmola Kurlys Materialdary (Astana) to the KASE official list "buffer
category".
In the KASE conclusion of September 21, 2009 it was noted that in July of 2009
on mentioned bonds Akmola Kurlys Materialdary defaulted payment on the
coupon interest for the fourth coupon period.
In compliance with item 13-5 of Board resolution of the Agency of the Republic of
Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations "On Requirements for Issuers and their Securities, Admitted
(Admissible) to Circulation on the Stock Exchange, and certain Stock Exchange
list categories" of May 26, 2008 # 77, Akmola Kurlys Materialdary provided to
KASE on September 17, 2009 the plan on removal of basis for transfer of
securities to the KASE official list "buffer category".
In compliance with item 13-7 of the mentioned resolution the issue on approval of
the mentioned Listing Commission decision will be considered at the Exchange
Council meeting on October 1, 2009.
If the Exchange Council approves the mentioned Listing Commission decision,
bonds KZ2P0Y03C665 of Akmola Kurlys Materialdary shall undergo delisting that
will be informed by KASE additionally.
[2009-09-29]