/KASE, November 17, 10/ - By Kazakhstan Stock Exchange (KASE) Listing Commission decision from November 18, 2010 bonds KZ2C0Y05D638 (KASE official list Non-rated Debt Securities first subcategory, VMZVb1; KZT10,000, KZT2.0 bn; November 26, 09 - November 26, 14, the semi-annual coupon 14.00 % APR; 30/360) of Vostokmashzavod (Ust-Kamenogorsk) are removed from the KASE official list.

In the KASE conclusion of November 9, 2010 is noted that the basis for delisting of mentioned bonds is systematic (four times) non-observance by Vostokmashmazod of requirements for information disclosure, set forth by the KASE internal document "Listing Rules" and the Agreement of corporate serial securities listing, signed between Vostokmashzavod and KASE. Vostokmashzavod did not provide to KASE the auditors' report on its Y2009 financial statements that violates requirements, set forth by sub-item 2) of item 1 of article 27 of Listing Rules, and item 7 of the Agreement.

Based on the aforementioned and in compliance with sub-item 5) of item 1 of article 19 of Listing Rules mentioned bonds were de-listed.

Mentioned bonds were included to the KASE official list Non-rated Debt Securities first subcategory from November 26, 2009. Trades were opened from December 8, 2009. During bonds circulation on KASE their yield to maturity for a buyer (on deals made by open trades methods) from 13.90 to 15.00 % APR.

[2010-11-17]