Halyk Savings Bank of Kazakhstan announces voluntary reorganization of Halyk Capital, subsidiary of Halyk Bank of Kazakhstan, by merging to Halyk Finance, subsidiary of Halyk Bank of Kazakhstan

10.01.12 14:57
/KASE, January 10, 12/ - JSC "Halyk Savings Bank of Kazakhstan" (Almaty), whose securities are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of January 10, 2012: quote JSC Halyk Bank, the sole shareholder of JSC Halyk Capital and JSC Halyk Finance, announces voluntary reorganization of JSC Halyk Capital by way of its merger with JSC Halyk Finance. JSC Halyk Capital was established in November 2006 as a participant of the Regional Financial Centre of Almaty (hereinafter - RFCA). When the company was established, the law of the Republic of Kazakhstan prescribed that only professional participants of the securities market, registered as legal entities by the Agency of the Republic of Kazakhstan regulating the activities of RFCA, may become the participants of RFCA. Considering that trading platforms of Kazakhstan Stock Exchange (hereinafter - KASE) and special trading platform of RFCA were incorporated and that JSC Halyk Finance has an access to the trading platform of KASE, JSC Halyk Bank decided on voluntary reorganization of JSC Halyk Capital by way of its merger with JSC Halyk Finance. Press service JSC "Halyk Bank of Kazakhstan" tel. +7 727 2 590 816, www.halykbank.kz unquote [2012-01-10]