/KASE, November 8, 2018/ – Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors dated November 7, 2018, amendments No. 3 (amendments)
to KASE internal document "Rules of Conducting Subscription to Securities"
(the Rules) were approved, with effect as of November 8, 2018.
Said amendments stipulate that a consortium of "stock market" category members
of KASE may act as the initiator of conducting a subscription to securities.
Besides, the term of submission of an application to KASE for organization of
conducting a subscription was reduced from five to three business days.
The updated Rules will be released soon on KASE website
http://kase.kz/files/normative_base/rules_ipo_eng.pdf
[2018-11-08]