Insurance company Amanat Insurance (Kazakhstan) announces intention to conclude major transaction and concluding of interested party deal

23.04.13 13:50
/KASE, April 23, 13/ – JSC "Insurance company "Amanat Insurance" (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of an intention to conclude a major deal: 1) date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of April 18, 2013. 2) value of underlying asset: KZT2,250,000,000; 3) date of the most recent valuation of the underlying asset: none; 4) percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets: 47.67%; 5) main substantial terms of the deal: standard terms; 6) deal conclusion date: no agreement concluded as of the date of data provision. Also, JSC "Insurance company "AMANAT INSURANCE" notifies you of an intention to conclude an interested party deal: 1)date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of April 18, 2013; 2)value of underlying asset with changes taken into account: none; 3)date of the most recent valuation of the underlying asset: none; 4)percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets: none; 5)main substantial terms of the deal: standard terms; 6)deal conclusion date: April 19, 2013. unquote [2013-04-23]