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28.02.2012 17:50 #Instruments

From February 29, 2012 common shares KZ1C39560012 (KZ1C00000280, ALSA) of Almatinskiy Sakhar (Kazakhstan) removed from KASE official list following issuer's request

/KASE, February 28, 12/ - Following a decision of Kazakhstan Stock Exchange (KASE) Listing Commission, from February 29, 2012, common shares KZ1C39560012 (KZ1C00000280, ALSA) of JSC "Almatinskiy Sakhar" (Almaty) were removed from KASE official list, following a request from their issuer.

In KASE's report of February 21, 2012 it is said that on February 14, 2012 KASE received from JSC "Almatinskiy Sakhar" the following documents:

  • A request dated February 8, 2012 to voluntarily remove the shares from KASE official list;
  • an extract from the system of registers of holders of the said shares according to which LLP "SUGAR PRODUCTION" was the sole shareholder of JSC "Almatinskiy Sakhar" as of February 8, 2012;
  • decision of the sole shareholder dated February 8, 2012 on voluntary delisting of the said shares.

According to documents presented, de-listing of the shares will not infringe on rights of investors and professional participants of the securities market.

Based on the above-mentioned and in accordance with sub-item 1) of item 1 of article 19 of KASE internal document "Listing Rules" the shares were de-listed.

The said shares were included into the B category of KASE official list from November 1, 2004; from September 10, 2008 they were transferred into the third category of KASE official list. Trading in them was opened from November 17, 2010. During the shares' circulation at KASE no deals involving them were concluded.

[2012-02-28]