As of November 8, 2018 amendments to Rules of Conducting Subscription to Securities to be put into effect

08.11.18 15:31
/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]