/KASE, March 30, 10/ - ATFBank (Almaty), a representative of holders of
infrastructure bonds KZ2CKY23B672 (KASE, 'buffer category', DTJLb1;
KZT1,000, KZT30.0 bn; 02.08.05 - 02.08.28, annual coupon indexed to inflation
rate, 8.85 % APR as for the current coupon period, 30/360) of Doszhan temir
zholy (DTZ) (Almaty, hereafter - the Company), provided Kazakhstan Stock
Exchange (KASE) with copies of letters of the Kazakhstan Finance Ministry
dated March 4, 2010 No. ДГЗ-2/2641 and the Agency of the Republic of
Kazakhstan on regulation and supervision of financial market and financial
organizations (FSA) dated March 19, 2010 No. 05-03-27/464/5093.
ATFBank in letter dated March 30, 2010 No. 06.03/1944 informed:
Quotation begins
As the Company on August 15, 2009 defaulted on infrastructure bonds (NIN
KZ2CKY23B67), and in connection with the claim of the Agency of the Republic
of Kazakhstan on regulation and supervision of financial market and financial
organizations (the Agency) to the Company with a demand to redeem 8,566,890
infrastructure bonds on the secondary market with subsequent blocking thereof
at the issuer account for accounting of redeemed securities, and block 6,110
infrastructure bonds placed at the reissue account of the Company (an account
to register redeemed securities), the Bank sent letters to the Kazakhstan Finance
Ministry and FSA with a requirement to take steps to protect rights and interests
of bondholders.
Ends
Letter of the Kazakhstan Finance Ministry dated March 4, 2010 No. ДГЗ-2/2641
is released at the KASE website at
http://www.kase.kz/files/mix/minfin_letter_10_03_04.pdf
Letter of FSA dated March 19, 2010 No. 05-03-27/464/5093 is released at the
KASE website at
http://www.kase.kz/files/mix/afn_letter_10_03_19.pdf
Earlier KASE released news on March 26, 2010 "FSA files a suit with Special
economical court urging Doszhan temir zholy (DTZ) (Kazakhstan) to redeem
8,566,890 bonds KZ2CKY23B672 (DTJLb1) on the secondary market" -
http://www.kase.kz/en/news/show/1099123
KASE reminds in accordance with the internal document "Rules on Release of
Exchange Information" it does not assume responsibility for accuracy of the
information it spreads in regard of KASE members and issuers listed on KASE, if
such information is based on messages and documents, received from such
members and issuers in pursuance with their obligations before the Exchange. At
generation of such information KASE does not check accuracy of the messages
and documents. The person, willing to disprove the information released in this
message, must address to KASE with a corresponding official letter.
[2010-03-30]