Shareholders of Ornek XXI JSC decided not to pay dividends by results of 2005
05.06.06 22:12
/KASE, June 5, 06/ - Ornek XXI JSC (Almaty, the company), whose securities
are circulating in official list of Kazakhstan stock exchange (KASE)
under "B" category, provided KASE with copy of the minutes of annual
general meeting of its shareholders, which was held on May 20, 2006.
In accordance with meeting's agenda the company's shareholders accepted
the following decisions:
- to approve company's annual financial statements for 2005;
- not to pay dividends by results of 2005;
- to spend company's net income for 2005 on renewal and modernization
of production and technical basis of plant on production of facing brick.
The company's primary activities - trade and purchase, intermediary activity;
production and sale of pottery, majolica and ceramics for everyday purpose;
production and sale of facing ceramic brick, ceramic and facing tile.
[2006-06-05]