Alatau Zharyk Company (Kazakhstan) imposed administrative fine

/KASE, November 15, 13/ – Alatau Zharyk Company (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following official letter: quote On November 24, 2013 Almaty Special administrative court considered administrative case No. 3-29695/13 initiated by the Committee on Control and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan according to article 191 of Kazakhstan's Administrative Violation Code with regard to Alatau Zharyk Company. According to resolution of Almaty Special administrative court dated October 24, 2013, Alatau Zharyk Company was found guilty according to article 191 of Kazakhstan's Administrative Violation Code and imposed an administrative fine of 50 monthly calculation indices. unquote [2013-11-15]