/KASE, August 14, 09/ - Transstroymost (Almaty oblast), bonds of which are
listed on Kazakhstan Stock Exchange (KASE), provided KASE with a copy of
ruling of Special inter-regional economical court dated July 30, 2009.
Almaty regional economical court ruled:
The court ruled to suspend a bankruptcy case on application of Transstroymost,
BTA Bank's subsidiary APF BTA Kazakhstan.
The court ruled to apply a three year rehabilitation program in regard of
Transstroymost beginning the effective date of the decision, approve the
rehabilitation plan, order an authorized body the Committee handling insolvent
debtors of the Ministry of Finance of the Republic of Kazakhstan in a five day
term since the decision, to appoint a rehabilitation manager, and oblige the
rehabilitation manager to conduct the rehabilitation in compliance with the
The ruling may be appealed within fifteen days in Almaty regional court through
the Special interregional economical court of Almaty oblast.
A copy of the ruling of the Special Almaty interregional economical court is
available at the KASE website at:
The related links are:
- KASE news dated July 27, 2009 "Transstroymost (Kazakhstan) confirms
Special Almaty interregional economical court begins bankruptcy case" -
- A copy of application of Transstroymost to Special Almaty interregional
economical court on bankruptcy due to its insolvency and rehabilitation -
- KASE news dated July 24, 2009 "Special Almaty interregional economical
court begins bankruptcy proceedings against Transstroymost (Kazakhstan)" -