/KASE, November 7, 08/ - Kazakhstan Stock Exchange (KASE) has met
requests of Mass Media and professional stock market participants, and
beginning October 1, 2004 KASE has implemented the system of users'
notification on receipt of new documents submitted by securities issuers to KASE
in accordance with the listing requirements.
The system will receive and process the documents in the following manner.
The documents, submitted by the issuers to the KASE Listing Department
Monitoring Division (in soft or hard format) are registered and examined by the
Monitoring Division personnel on a day of receipt or the following day
(depending on the time of receipt), and then divided into three categories.
The documents rejected by the Exchange for one reason or another, not
complying with its requirements fall to the first category. The issuer is to be
notified on such documents and must provide the Exchange with restated or
amended versions.
The documents requiring no additional processing fall to the second category. As
a rule, press releases, informational messages and other notifications, the
content of which may be brought to public notice through KASE news fall to this
category. These documents are submitted to the KASE Information and Analysis
Department News Division. The same day the News Division releases the
information of the documents publishing it as KASE news.
The content of the third category documents is brought to public notice
releasing them in PDF format at the KASE web-site in the "Issuers" section
(
http://www.kase.kz/emitters/). As a rule, financial statements, reports and
investment offers, audit reports, issues prospectuses and other documents fall
to this category. These documents are submitted to the Information and Analysis
Department Information Division for processing taking up to several days
(depending on working volumes).
To take care of the persons, interested in timely familiarization with the third
category documents, KASE informs such persons on receipt of the documents
on the day of submission sending special information messages to users'
accounts. For this purpose the Exchange established a database of the
accounts.
For inclusion of one's own account into the database, the interested person must
send to info@kase.kz a free form application, with a user account and titled
"For notification on documents receipt". The Exchange receiving such application
guarantees inclusion of the account to the messages delivery database.
Message receipt will allow for the interested person familiarizing with the
document of interest directly in the KASE Listing Department (this requires
visiting the Exchange), before release of the document copy in the Internet.
The Exchange requests all interested persons to timely notify on changes of
accounts the Information and Analysis Department sending a respective
notification to info@kase.kz. Otherwise KASE assumes no responsibility for
delivery of new documents.
The afore described system, implemented October 1, 2004, includes spreading
by the KASE News Division exchange news, which accounts all new documents,
released at the KASE website in the "Issuers" section, with indication of the
document name and its URL. Such news is released on the day of documents
publishing and describes all documents, released on that day. According to the
Exchange, the procedure will ease searching for new releases at the Exchange
site and exclude the need of daily monitoring of the site news, published at:
www.kase.kz.
[2008-11-07]