Board of Directors of JSC Almatytemir (Kazakhstan) decided to conclude a transaction in which there is interest

13.10.10 19:00
/IRBIS, October 13, 2010/ - JSC Almatytemir (Almaty, hereinafter - the Company), whose securities are included in the official list of Kazakhstan Stock Exchange (KASE), provided KASE with a copy of the meeting of the Board of Directors on September 21, 2010. According to the document the Board of Directors has decided to conclude a pledge contract between KazAgroFinance EF KASYMHAN Ainagul NESIPKALIKYZY JSC and Almatytemir, for providing JSC Almatytemir "in the pledge KazAgroFinance" immovable property with the right of non-judicial sale of property in the case default and/or improper performance of FE KASYMHAN AINAGUL NESIPKALIKYZY 'obligations to JSC KazAgroFinance "to be entered into a loan agreement. [2010-10-13]