Insurance company Amanat Insurance (Kazakhstan) announces intention to conclude KZT7.5 bn major transaction

04.06.13 13:52
/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 27, 2013; 2) value of underlying asset: KZT7,500,000,000; 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 – 154.42%; 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]