AFS suspends placement of bonds KZ2C0Y05C762 (RMXRb1) of REMIX-R (Kazakhstan)

02.09.09 12:55
/KASE, September 2, 09/ - The Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) sent to Kazakhstan Stock Exchange (KASE) a copy of resolution No. 194 of the AFS Board "On suspension of placement of coupon uncollateralized bonds of REMIX-R" dated August 24, 2009. According to the document AFS resolved: Quotation beginning 1. To suspend placement of coupon uncollateralized bonds of REMIX-R as the issuer defaulted on bond interest payment. 2. The resolution is effective after approval. Quotation end Additionally AFS informed, according to the second passage of item 2 of article 25 of the Law of the Republic of Kazakhstan "On Securities Market" registrar of REMIX-R, Registrator Zerde (Almaty), and Central Securities Depository (Almaty) must suspend registration of deals on placement of serial securities after receipt of a decision from an authorized body on suspension of the securities. [2009-09-02]