Subsidiary Organization JSC VTB Bank (Kazakhstan) concludes non-arm's length deals

24.01.13 12:19
/KASE, January 24, 13/ - Subsidiary Organization JSC VTB Bank (Kazakhstan) (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with a letter about concluding of a non-arm's length deal: quote 1. the date of joint-stock company's body's decision to conclude the deal - January 18, 2013; 2. the value of the underlying asset makes up USD158,201.33; 3. the date of the most recent valuation of the underlying asset - September 6, 2012; 4. percentage ratio of the underlying asset's value to the total value of assets of this joint-stock company - 0.02470%; 5. main substantial terms of the deal: - L/C amount: USD158,201.33; - Post-financing term: 180 days from the L/C payment; 6. deal conclusion date - January 18, 2013. unquote [2013-01-24]