/REPETITION/ Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan, says Development Bank of Kazakhstan to conduct meetings with prospective investors on possible issue of sukuk bonds

12.06.12 09:43
/KASE, June 12, 12, June 11, 12 news repetition/ - JSC "Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" (Almaty), a member of Kazakhstan Stock Exchange, provided today KASE with the following communique: quote JSC "Development Bank of Kazakhstan", rated BBB+ (S&P) / BBB- (Fitch) / Baa3 (Moody's), has mandated JSC Halyk Finance, HSBC Amanah Malaysia Berhad and The Royal Bank of Scotland Berhad as Joint Lead Managers and Bookrunners to arrange a series of investor meetings commencing on June 12, 2012 for prospective investors in Kazakhstan and Malaysia with a view to considering an issue under its Islamic Medium Term Note Program of up to RM1.5 bn (the "Sukuk Programme"), subject to market conditions. The issuance of Sukuk under the Sukuk Programme shall be made via the Shariah principle of Murabahah utilising commodities as underlying assets, which is one of the Shariah principles and concepts approved by the Shariah Advisory Council of the Securities Commission of Malaysia. JSC Halyk Finance is announcing a presentation for prospective Kazakhstani investors to be held in Kazakhstan on June 13 in Almaty at 15.00 Almaty time at the premises of Halyk Bank located at: 109 "B", Abai Ave., 5th floor, room 503. To get additional information and to register for the presentation please contact the following representative of JSC "Halyk Finance": Farkhad Okhonov, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail: FarhadO@halykbank.kz Oleg Khvan, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail: OlegH@halykbank.kz JSC "Development Bank of Kazakhstan" is an investment institution of the Government of the Republic of Kazakhstan which funds the non-primary sector of economy. JSC "Development Bank of Kazakhstan" is 100% owned by JSC "Sovereign Wealth Fund "Samruk-Kazyna". unquote [2012-06-12]