From October 11 bonds KZ2C0Y05C788 (ALTMb1) of Almatytemir transferred from buffer category to second subcategory of KASE official list's Non-rated Debt Securities category
11.10.10 14:41
/KASE, October 11, 10/ - By Kazakhstan Stock Exchange (KASE) Listing
Commission decision the bonds KZ2C0Y05C788 (ALTMb1; KZT1, KZT2.0 bn,
November 1, 2007 - November 1, 2012, semi-annual coupon 12.0% APR;
30/360) of Almatytemir (Almaty) were transferred from the "buffer category" into
the second sub-category of KASE official list's Non-rated Debt Securities
category, effective from October 11, 2010.
In KASE conclusion of October 1, 2010 it is pointed out that the reason for
transferring the said bonds into KASE list's "buffer category" was
non-compliance of Almatytemir with the listing requirement to the auditing
company (Almatytemir's financial statements for Y2008 were audited by
Dana-Consulting, which was not officially recognized by KASE) set forth by
sub-item 3) of item 11 of Resolution # 77 of May 26, 2008 of the Board 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 Admissible (Admitted) to Circulation on Stock Exchange, and for Stock
Exchange List Certain Categories"
Almatytemir has removed causes for transfer of the said bonds into the "buffer
category" and met all requirements set forth by Appendix to Order # 04.2-09/11 -
9 of May 8, 2008 by Chairman of the Agency of the Republic of Kazakhstan on
Regulation of Activities of the Regional Financial Centre of Almaty "On
Requirements for Issuers, whose Securities are Admissible or Admitted to the
Official List of the Special Trading Floor of the Regional Financial Center of
Almaty, and for such Securities" and necessary to be met in order to enable
transferring of the said bonds into the second sub-category of Non-rated Debt
Securities category, thus in accordance with item 13-12 of the said Appendix the
said bonds were transferred from the "buffer category" into the second sub-
category of KASE official list's Non-rated Debt Securities category.
The said bonds were included into the B category of KASE official list from
March 11, 2008, from September 1, 2008 they were transferred into the second
sub-category of Non-rated Debt Securities category, and from October 2, 2010
they were entered into the "buffer category" of KASE official list. Trades in
these securities were started on March 11, 2008.
[2010-10-11]