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Stockholders of SOUTH-OIL LLP (Kazakhstan) approved the deals in which the Company is interested
/IRBIS, December 27, 2011/ - SOUTHS-OIL LLP (South Kazakhstan region, hereinafter - Company), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of the general meeting of the shareholders from December 15, 2011.
According to the presented document, the shareholders have decided the following:
- to increase the size of the existing credit line in SB JSC "Sberbank", to 30 million U.S. dollars with the provision of additional collateral.
- to open a credit line for overdraft at JSC "Tsesnabank" of $ 1 billion tenge for 1 year.
[2011-12-27]