/KASE, January 11, 10/ - ASIA AVTO (Ust-Kamenogorsk) informed Kazakhstan
Stock Exchange (KASE) by the official letter on partial payment of principal and
the last - sixth - coupon interest on bonds KZPC1Y03C348 (ASAVb1; KZT1,000,
KZT1.0 bn; January 3, 07 - January 3, 10, the semi-annual coupon indexed at the
inflation rate, 8.90 % APR for the last coupon period; 30/360).
According to mentioned bonds issue prospectus ASIA AVTO was to pay the
principal and the last coupon interest on January 5, 2010.
In the letter ASIA AVTO informed that:
quotation starts
... at the expense of own resources we repaid the principal coupon on bonds to
three holders in the size of KZT45 million 958 thousand (44,000 bonds and
coupon KZT1 million 958 thousand). The debt to a main holder of bonds was
repaid in the size of KZT998,542 m (956,000 bonds and coupon KZT42 million
542 thousand).
quotation ends
As previously informed, mentioned bonds were excluded from the KASE official
list fur to their circulation term expiry from January 5, 2010.
The copy of ASIA AVTO letter of January 11, 2010 # 20/59-07 is available on
KASE website at
http://www.kase.kz/files/mix/asav_letter_10_01_11.pdf
At present eleven companies, securities of which are present in KASE official
list, informed on inability to fully or partially fulfill their obligations on
bonds. Listed companies defaulted payment on bonds is available on KASE website in
section "Issuers" ("default") at address
http://www.kase.kz/en/emitters
KASE reminds that in compliance with the Exchange internal document "Rules of
Exchange Information Dissemination", KASE is not responsible for authenticity of
disseminated information on the Exchange members and securities issuers,
admitted to circulation on the Exchange, if this information is based on messages
and documents received by the Exchange from these members and securities
issuers in pursuance of their obligations to the Exchange. KASE does not validate
the mentioned messages and documents when developing this information.
Individuals, willing to refute the information, published in this message, must
apply to KASE by a corresponding official letter.
[2010-01-11]