Insurance company Amanat Insurance (Kazakhstan) announces intention to conclude major transactions

02.04.13 13:53
/KASE, April 2, 13/ – JSC "Insurance company "Amanat Insurance" (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of an intention to conclude a major deal: 1) date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of March 27, 2013. 2) value of underlying asset with changes taken into account: KZT2,250,000,000; 3) date of the most recent valuation of the underlying asset: none; 4) percentage ratio of the value of underlying asset to the value of the joint-stock company's total assets – 48.32%; 5) main substantial terms of the deal: standard terms; 6) deal conclusion date: no agreement concluded as of the date of data provision. Also, JSC "Insurance company "AMANAT INSURANCE" notifies you of an intention to conclude an additional agreement to the major deal: 1) date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of March 28, 2013. 2) value of underlying asset with changes taken into account: KZT34,014,751,946; 3) date of the most recent valuation of the underlying asset: none; 4) percentage ratio of the value of underlying asset to the value of the joint-stock company's total assets – 730.41%; 5) main substantial terms of the deal: standard terms; 6) deal conclusion date: no agreement concluded as of the date of data provision. Also, JSC "Insurance company "AMANAT INSURANCE" notifies you of an intention to conclude an additional agreement to the major deal: 1) date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of March 28, 2013. 2) value of underlying asset with changes taken into account: KZT12,363,188,273.33; 3) date of the most recent valuation of the underlying asset: none; 4) percentage ratio of the value of underlying asset to the value of the joint-stock company's total assets – 265.48%; 5) date of the most recent valuation of the underlying asset: none; 6) deal conclusion date: no agreement concluded as of the date of data provision. unquote [2013-04-02]