KASE Council of June 20 decided to impose sanctions on listed companies for violation of information disclosure requirements

23.06.08 23:45
/KASE, June 23, 08/ - Kazakhstan Stock Exchange (KASE) Council on its meeting held on June 20, 2008, considered the issue of sanctions in relation to the number of listed companies, which violated KASE requirements for information disclosure time frames and decided the following: - send warning letters on imposing of penalties in case of repetitive violation: Akmola Kurlys Materiyaldary LLP, Almatytemir JSC, BURLINGAZSTROI JSC, Doszhan Temir Zholy JSC, Kazneftehim JSC, KZACI JSC, TEMA Ko. JSC, EL-DOS JSC, ASTEL JSC, G-Media JSC, ICKE CAT COMPANY JSC, RG Brands JSC, who provided to KASE the information with violation of established by the listing agreements time frames; - give the below mentioned listed companies the additional time for provision of required by KASE information charging to them penalties, stipulated by Listing Rules for violation of information provision time frames: Akmola Kurlys Materiyaldary LLP, Alternative finance JSC, BURLINGAZSTROI JSC, KazAgroFnance JSC, OGCC KazStroyServise JSC, KZACI JSC MANGISTAUMUNAIGAZ JSC, Transstroimost JSC, Chimpharm JSC, EKOTON+ JSC, SKY SILK JSC Kostanai Minerals JSC At that, listing companies of the second group was set demanded term, excluding Transstroimost JSC. This company should provide the financial statement auditors' report for 2007 and annual report for 2007, which includes preliminary (non audit) consolidated annual financial statement by September 1, 2008; [2008-06-23]