/KASE, September 16, 11/ - Following a decision of Kazakhstan Stock Exchange
(KASE) Management Board, JSC Almaty Financial Center (Almaty) is banned from
taking part in securities trading at KASE, effective from September 15, 2011
15:15 (Almaty time).
The decision was taken in accordance with sub-item 1) item 27 of KASE internal
document "Regulations on Membership" following the resolution No. 103 dated
August 26, 2011 of the Management Board of the National Bank of the Republic of
Kazakhstan issued on August 26, 2011 on withdrawing from the "Almaty Financial
Center" stock market brokerage and dealing license associated with the nominee's
right to run client accounts and investment portfolio management license.
Whether to exclude JSC Almaty Financial Center from KASE stock market
membership, will be discussed at the next meeting of KASE Board of Directors.
Earlier there was related KASE news of September 16, 2011 "National Bank
withdraws investment portfolio management and stock market brokerage licenses
from Almaty Financial Center" -
http://www.kase.kz/en/news/show/1146831
[2011-09-16]