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The only shareholder of NGSK KazStroyService JSC (Kazakhstan) decided to increase its liabilities
/KASE, April 20, 06/ - NGSK KazStroyService JSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE a copy of the decision of its only shareholder - Oilex Investments Ltd (Road Town, Tortola island, British Virgin Islands) dated February 16 of 2006.
According to the document, the company's only shareholder has taken the following decision.
Increase the company's liabilities by the amount, which is 25% and more from its equity capital:
- to lease special equipment and machinery (3 excavators with total cost of KZT67.3 m. and one pipe welding station with the cost of KZT65.3 m.), leasing term is 60 months, interest rate - 12% APR;
- make an agreement of purchase-sale, leasing, pledge and other documents with Halyk-Leasing JSC.
Company's primary activities - designing, building and exploitation of oil and gas, energy and other branches objects.
[2006-02-20]