April 30, KASE Exchange Council imposes sanctions on listing applicants violating information disclosure requirements
04.05.09 16:19
/KASE, May 4, 09/ - The Exchange Council of the Kazakhstan Stock Exchange
(KASE) at its meeting on April 30, 2009 considered sanctions to listing
applicants violating KASE requirements regarding information disclosure terms
and made the following decisions:
- allow Almaty distillery plant for a requested additional term for provision of
information required by KASE (report for Q1 2009 including financial
statements) through May 5, 2009 and send to this listing applicant
confirmation on penalty sanctions in case of the recurrent violation of the
Listing requirements on information disclosure;
- allow Kazakhstan Kagazy for a requested additional term for provision of
information required by KASE (report for Q4 2008 including consolidated
financial statements) and impose on this listing applicant penalties as
specified by the Listing requirements for violation of information disclosure
terms;
- impose on Kazakhstan Petrochemical Industries penalties specified by the
Listing rules for violation of requirements on information disclosure on
shares and shareholders as on May 1, 2009.
[2009-05-04]