On September 28, KASE Listing Commission rejected the plan on removal of basis for transfer of bonds KZ2С0Y05С762 (RMXRb1) of REMIX-R (Kazakhstan) to the KASE official list "buffer category"
/KASE, September 29, 09/ - By the decision of Kazakhstan Stock Exchange
(KASE) Listing Commission of September 28, 2009 was rejected the plan on
removal of basis for transfer of bonds KZ2С0Y05С762 (RMXRb1; KZT1,000,
KZT2.0 bn, December 29, 07 - December 29, 12; the semi-annual coupon
12.00 % APR; 30/360) of REMIX-R (Almaty) to the KASE official list "buffer
In the KASE conclusion of September 18, 2009 it was noted that in January 2009
on mentioned bonds REMIX-R defaulted payment on the coupon interest for the
second and in July 2009 the third coupon period.
In compliance with item 13-5 of Board resolution of the Agency of the Republic of
Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations "On Requirements for Issuers and their Securities, Admitted
(Admissible) to Circulation on the Stock Exchange, and certain Stock Exchange
list categories" of May 26, 2008 # 77, REMIX-R provided to KASE on September
18, 2009 the plan on removal of basis for transfer of securities to the KASE
official list "buffer category".
In compliance with item 13-7 of the mentioned resolution the issue on approval of
the mentioned Listing Commission decision will be considered at the Exchange
Council meeting on October 1, 2009.
If the Exchange Council approves the mentioned Listing Commission decision,
bonds KZ2С0Y05С762 of REMIX-R shall undergo delisting that will be informed
by KASE additionally.