/IRBIS, Natalya Vaguina, July 22, 08/ - VITA JSC (Almaty), bonds of which
are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list,
provided KASE with copy of protocol of its Board of directors` meeting, dated
July 16, 2008.
According to provided document, the company's Board of Directors made
the following decisions:
- to agree on transferring, as a providing loan recurrency,
KZT3,950,000,000 to Vita Industry LLP, KZT200,000,000 to Vita
Zhetysu LLP, KZT200,000,000 to Irtysh-Transservice LLP,
KZT200,000,000 to Vita Alakol with the right of extrajudicial realization
in case of violation or misconduct liabilities of above mentioned
companies;
- to guarantee on above mentioned loan recurrency with liability to pay all
debts of mentioned companies in case of violation or misconduct
liabilities on loan contract;
- to provide 100% share of VITA JSC in authorized capital of Vita Industry
LLP as above mentioned loan recurrency with the right of extrajudicial
realization in case of violation or misconduct liabilities on loan contract;
- to provide as a loan recurrency of Vita Industry LLP to Bank
CenterCredit JSC on amount of $2,100,000 on 4 months term on
completing turnover assets 100% share of VITA JSC in authorized
capital of Vita Industry LLP with the right of extrajudicial realization in
case of violation or misconduct liabilities of Vita Industry LLP;
- to authorize P. Potapov to sign loan contract and other documents,
which are necessary for these instructions.
Protocol of Board of directors` meeting is available at KASE website at:
http://www.kase.kz/emitters/scan/vita/vita_resh_160708.pdf
[2008-07-22]