/CORRECTED January 29, KASE Exchange Council decides on sanctions to listing companies violating information disclosure requirements
02.02.09 16:13
/KASE, January 30, 09, resent due to a new edition of the text/ - The Exchange
Council of Kazakhstan Stock Exchange (KASE) at its meeting on January 29,
2009 considered the issue on sanctions to a group of listing companies that
violated KASE requirements on terms of provision of information, and made the
following decisions:
- to send to Kazakhstan Petrochemical Industries a letter warning of penalty
sanctions in case of recurrent violation of requirements of the Listing rules
on information disclosure;
- to allow REMIX-R for a permitted additional term up to February 10, 2009 for
provision of the report for Q4 2008 comprising consolidated financial
statements, and send the admittance initiator a letter warning of penalty
sanctions in case of recurrent violation of the Listing rules on information
disclosure;
- to allow Airport Sary-Arka for a permitted additional term up to February 15,
2009 for provision of an audit report on its financial statements for 2007; in
case of violation of the term by the admittance initiator the KASE Listing
Commission must prepare an opinion on possibility of de-listing of its
securities, which will be deemed at the next planned meeting of the Exchange
Council (February 26, 2009).
[2009-01-30]