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08.08.2008 20:35 #Issuer news

Board of Directors of VITA JSC (Kazakhstan) decided to increase company's liabilities

/IRBIS, Ekaterina Tatarova, August 8, 08/ - VITA JSC (Almaty, further - the company), 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 August 7, 2008.

According to provided document, the company's Board of Directors made the following decisions:

  • to address to Bank CenterCredit JSC for opening limit of overdraft in amount of KZT300 m. till December 22, 2008 for completing turnover assets;
  • to authorize bank for direct debiting of debt sum from any accounts in case of violation or bad following liabilities on overdraft maturity by the company;
  • to authorize E. Knabik for signing loan contract and other documents, which are necessary for loan granting.

[2008-08-08]