AsiaCredit Bank (Kazakhstan) announces concluding of non-arm's length deal

18.06.13 10:33
/KASE, June 18, 13/ – JSC "AsiaCredit Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of having concluded a non-arm's length deal: quote 1) date when the joint-stock company's body took a decision to conclude the deal – June 13, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 3) date of the most recent valuation of the underlying asset – not applicable; 4) percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets – 0.000006 %; 5) main substantial terms of the deal – Agreement on issue and service of a payment card and opening of a current account on standard terms; 6) deal conclusion date – June 13, 2013. unquote [2013-06-18]