EN
9 May 2025, 16:46
Go to old.kase.kz
English
Information/
Market and Company News
27.02.2008 20:25 #Issuer news

Participants of Concern Tsesna-Astyk LLP (Kazakhstan) accepted the decision about opening of credit line for amount of KZT2.0 bn.

/IRBIS, Natalya Vagina, February 27, 08/ - Concern Tsesna-Astyk LLP (Astana, hereinafter - the company), being the listing company of Kazakhstan stock exchange (KASE) , provided KASE with the copy of protocol of prescheduled general meeting of its participants dated February 4, 2008.

According to the provided document partitions of company accepted the next documents:

  • to given agreement of company for opening of credit line in KazAgroFinance JSC (Astana) for amount of KZT2.0 bn. for 7 years' term with interest rate at 11% with aim of replenishment of turnover assets for purchasing of grain;
  • to provide KazAgroFinance JSC with pledge property in security of company's liabilities' execution;
  • to provide KazAgroFinance JSC with right for extrajudicial realization of pledge property in case of non-execution or improper execution of company's liabilities to KazAgroFinance JSC by credit agreement;
  • to provide authorities to Chairman of board of company for signing of pledge agreement.

Copy of protocol is available on KASE's web site at see more

[2008-02-27]