The single shareholder of ASIA SUGAR JSC (Kazakhstan) took a decision on enlarging the limit of credit facilities with Kazkommertsbank JSC to $56.7 m

/KASE, March 2, 07/ - ASIA SUGAR JSC (Almaty, hereinafter - the company), common shares of which have been included in the official list of Kazakhstan stock exchange (KASE) under "В" listing category, has furnished KASE with the copy of a decsion of the single shareholder -Zangar Invest Group JSC (Almaty) dated January 29 2007. According to the vested document, the single shareholder took decisions as follows: to approve the conclusion of the additional agreement for the agreement on opening of the credit line dated December 19 2002 with Kazkommertsbank JSC (Almaty), pursuant to which the limit of credit facilities will be enlarged to $56.7 m. and the term of credit line will be prolonged for five years starting from the date, on which the additional agreement was made; to approve conclusion of additional agreements attached to all efficient contracts of pawn with Kazkommertsbank JSC with regard to conclusion of the above-mentioned additional agreement. Primary activity of the company lies in sugar production and sales. [2007-03-02]