Insurance company Amanat Insurance (Kazakhstan) announces intention to conclude KZT2.3 bn major transaction

04.06.13 13:43
/KASE, June 4, 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 an intention to conclude a major deal: quote 1) date when the joint-stock company's body took a decision to conclude the deal: a decision of the Board of Directors of May 30, 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 – 46.33%; 5) main substantial terms of the deal: standard terms; 6) deal conclusion date: no agreement concluded as of data provision date. unquote [2013-06-04]