/KASE, July 27, 09/ - Transstroimost (Almaty Region), bonds of which are
present in Kazakhstan Stock Exchange (KASE) official list, in response to KASE
request of July 22, 2009 by the letter of July 24, 2009 # 378 provided to KASE the
copy of conclusion of Almaty regional Specialized Inter-district Economic Court
(in the headline and hereinafter - SIEC) of July 13, 2009.
According to this conclusion SIEC accepted the claim of Transstroimost on
recognition of it a bankrupt and instituted a legal proceeding on
In the letter Transstroimost informs:
The goal of the case on bankruptcy is rehabilitation of the company in compliance
with the legislation of the Republic of Kazakhstan "On Bankruptcy".
Further plans of the company related to presence of its securities in KASE
official list and measures to remove incompliance with listing requirements will
be provided by the company after the court makes the decision.
Available on KASE website:
- Almaty regional SIEC conclusion -
- the copy of Transstroimost application to Almaty regional SIEC on recognition
it a bankrupt due to insolvency and application of the rehabilitation procedure
- KASE news of July 24, 2009 "Almaty Regional SIEC started proceeding on
Transstroimost (Kazakhstan) bankruptcy" -