Zhaikmunai (Kazakhstan) received statement of claim from Kazakhstan Ministry of Oil and Gas to pay staff training costs

11.03.12 12:13
/KASE, March 11, 12/ - Zhaikmunai (Uralsk), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following information: quotation On March 1, 2012, Zhaikmunai received statement of claim from Kazakhstan Ministry of Oil and Gas on the following: 1. to force Zhaikmunai to pay costs related to training of Kazakhstan staff in the amount of USD163,000 (one hundred sixty three thousand) for 2008- 2009; and 2. charge Zhaikmunai with the fine in the size of USD24,486 (twenty four thousand four hundred eighty six) on above mentioned staff training costs. The management supposes that this claim is unjustified and can not affect investors interests. ends [2012-03-11]