Halyk Savings Bank of Kazakhstan JSC informs on Forum of Korea Stock Exchange organized with assitance of Daewoo Securities and Halyk Finance JSC
27.06.08 12:30
/KASE, June 27, 08/ - Halyk Savings Bank of Kazakhstan JSC (Almaty)
shares and bonds of which are traded in the official list of Kazakhstan Stock
Exchange (KASE) of category "A", provided KASE with the press release:
Quotation start
On June 26, 2008 in Intercontinental Almaty hotel representatives of Korea Stock
Exchange (KRX) and Korea Central Securities Depository (KSD) held the Forum
of Korea Stock Exchange (KRX). Kazakhstan companies, willng to offer their
securities on foreign markets attended the Forum. The Forum was organized with
assistance of Daewoo Securities, a leading South Korea investment company,
and Halyk Finance JSC, a Halyk Group investment subdivision.
On December 14, 2006 representatives of Korea Stock Exchange and Regional
Financial Center of Almaty signed a Memorandum of Understanding. The Forum
has become the first presentation of Korea Stock Exchange (KRX) in one of the
fastest developing CIS countries conducted for purposes of mutual cooperation
further development, and diversification of companies trading on the Korea Stock
Exchange.
The participants of the Forum had an opportunity to receive data on listing
requirements, rules, procedures and benefits of offering on Korea Stock
Exchange. In addition, representatives of Korea Central Securities Depository
specified the procedure of issue of depository receipts for foreign companies.
Daewoo Securities and Halyk Finance are intending to support Kazakhstan
companies, interested to raise capital on the stock market of the Republic of
Korea within the bounds of the Agreeement on Mutual Cooperation signed in
March 2008.
Quotation end
[2008-06-27]