/KASE, December 29, 06/ - By the decision of Kazakhstan stock exchange's
(KASE) Council dated December 28 of 2006 KZ2C0Y03C312 bonds of
Credit association ORDA credit LLP (Shymkent) (KZT1,000, KZT500.0
m., October 24, 06 - October 24, 09, quarterly coupon, 12.0% APR, 30/360)
were included into KASE's official "B" listing category under ORDKb1
symbol.
Date, on which the mentioned decision of Exchange board will take effect,
will be announced later after the issuer pays the listing fee for these
securities.
Information about opening of trades in the bonds on KASE will also be given
later.
Managing company ORDA Capital JSC (Shymkent) acts as the financial
consultatnt of the issuer while introducing its bonds on the organized market.
The main types of activities of Credit association ORDA credit LLP - transfer
operations (fulfilling of orders of payments and transfer of money), loan
operations (providing of credits for participants of the company, acceptance
of payment documents for collection (excluding promissory notes),
participants of the company, opening and confirmation of letters of credits
and execution of liabilities on them), safe operations, maintenance of leasing
activities, opening and maintenance of bank accounts of the participants of
the company, giving of guarantees, bails and other liabilities, factoring
operations (purchasing of rightsof demanding the payment from participant
of the company, buyer of goods (works, services) with acceptance of risk of
nonpayment), cash operations.
Detailed information about the securities issue and the issuer will be
available on KASE's web site at
http://www.kase.kz/emitters/ordk.asp after
the mentioned decision of the Exchange's Council takes effect.
[2006-12-29]