Special interregional economical court of Almaty denies claim of GTC LLP to acknowledge Almaty distillery plant (Kazakhstan) bankrupt

30.03.09 18:26
/KASE, March 30, 09/ - Almaty distillery plant (Almaty), securities of which are listed on Kazakhstan Stock Exchange (KASE), in its letter No. 107 dated March 30, 2009 provided KASE with a copy of the decision of the Special interregional economical court of Almaty dated March 20, 2009. According to the decision the Special interregional economical court of Almaty ruled: Quotation beginning The court denied the claim of GTC LLP to acknowledge Almaty distillery plant. The decision may be appealed and objected in the Almaty city court within 15 days through the Special interregional economical court of Almaty. Quotation end In the letter Almaty distillery plant additionally informed it is impossible to "indicate specific or planned term of compliance with obligations by Almaty distillery plant in regard of payment of coupon interest to creditors on bonds until the court decision is effective". The KASE website avails: - the letter of Almaty distillery plant - http://www.kase.kz/files/mix/alvz_300309.pdf - a copy of the decision of the Special interregional economical court of Almaty - http://www.kase.kz/files/mix/alvz_resh_sud_09_03_20.pdf - KASE news released on February 24, 2009 "Special interregional economical court of Almaty begins proceedings on bankruptcy of Almaty distillery plant (Kazakhstan) - http://www.kase.kz/news/show/1067560 [2009-03-30]