On October 9, KASE Council made decisions on sanctions to listed companies, which violated information disclosure requirements
10.10.08 20:46
/KASE, October 10, 08/ - Kazakhstan Stock Exchange (KASE) Council on its
meeting on October 9, 2008, considered the issue on sanctions in relation to
listed companies, which violated KASE requirements on information provision
period and made the following decisions:
- send warning letters on imposing of penalties in case of repetitive
violation: VITA JSC for submission of the auditors' report of financial
statements for 2007 with violation of established by the decision of KASE
Council term, dated July 31, 2008;
- provide to Iliyskiy Pasteboard-Paper Combine JSC, Kazakh distribution
company JSC, ORDABASY Corporation JSC, Ornek XXI JSC, ROSA
JSC, Airport Sary-Arka JSC, Transstroimost JSC, Kazakhstan
Petrochemical Industries JSC, Oilan Ltd. LLP, SAT & Company JSC,
SKY SILK JSC requested additional time for provision of required by KASE
information charging to them penalties, stipulated by Listing Rules for
violation of information provision time frames.
[2008-10-10]