KEGOC drawn to administrative responsibility

17.03.15 16:12
/KASE, March 17, 15/ – KEGOC JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE that following a resolution of the National Bank of Republic of Kazakhstan of March 10, 2015 KEGOC JSC was drawn to administrative responsibility: quote 3) subject of administrative sanction (content of administrative violation) with indication of the article of Kazakhstan's Administrative Violations Code – violation of item 2-2 of article 79 of the Act of Republic of Kazakhstan "On Joint-Stock Companies" was detected, expressed in in KEGOC's failure to disclose information on the company being drawn to administrative responsibility and concluding an interested party transaction, responsibility for which is stipulated in article 263 of Kazakhstan's Administrative Violations Code. unquote [2015-03-17]