Sole shareholder of GLOTUR JSC (Kazakhstan) approved terms of the second issue of company's bonds

06.11.06 21:57
/KASE, November 6, 06/ - GLOTUR JSC (Almaty, the company), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with copy of decision of its sole shareholder Yerkin and Co LLP (Almaty) dated October 23, 2005. As per submitted document the company's sole shareholder took a decision about realization of the second issue of company's coupon unsecured bonds with the following parameters: - total volume of bond issue - KZT9.0 bn.; - total number of bonds - 9,000,000,000 items; - circulation term of bonds - 5 years from the circulation start date; - interest rate on bonds - 10% APR for the first year of their circulation, starting from the second circulation year - floating, depending on inflation rate and reconsidered every 6 months. The company's primary activities - production, sale and service of computing, telecommunication and other systems; development, designing, set up and introduction of software tools, telecommunication systems; system integration; working up and realization of projects "turnkey"; consultations and training; wholesale-retail trade; dealing and distributing; electronic and other equipment rolling and training its usage instructions, other activities. [2006-11-06]