Insurance company Amanat Insurance (Kazakhstan) announces intention to conclude major transaction

11.07.13 17:47
/KASE, July 11, 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 July 9, 2013; 2) value of underlying asset: KZT1,203,175,323; 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: 4.25%; 5) main substantial terms of the deal: standard terms; 6) deal conclusion date: no agreement concluded as of data provision date. unquote [2013-07-11]