Shareholders of Transstroimost JSC (Kazakhstan) confirmed the annual financial statement and procedure of company's net income distribution for year 2007

/IRBIS, Ekaterina Tatarova, July 18, 08/ - Transstroimost JSC (Almaty oblast, further - the company), bonds of which are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list, had provided KASE with the copy of protocol of annual general meeting of its shareholders, dated June 30, 2008. According to provided document, company's shareholders accepted the following decisions: - to confirm the report of company's executive body; - to confirm the auditor's report for 2007; - to confirm financial statement of company for year 2007; - to confirm the following procedure of company's net income for 2007 in amount of KZT1,007,609,537.00: - to direct KZT775,000,000.00 to dividends payment; - to direct KZT41,940,141.00 to guarantee service reserve; - to direct KZT76,714,284.00 to leave reserve; - to direct KZT77,732,781.00 to production development; - to direct KZT36,222,331.00 to accounts receivable reserve; - to approve KZT155 amount of dividend per share by results of company's activity for 2007; to pay dividends from August 1 to December 31, 2008 by means of company's counter or transferring; - to approve the method of shares` value determination while their redemption by the company. [2008-07-18]