AsiaCredit Bank (Kazakhstan) announces concluding of non-arm's length deal
17.07.13 18:15
/KASE, July 17, 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 – July 11, 2013;
2) value of underlying asset – USD30,000;
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 – 0.00526%;
5) main substantial terms of the deal – Agreement on opening of deposit "Best
choice" with capitalization, opening of a current account under standard
terms;
6) deal conclusion date – July 11, 2013.
unquote
[2013-07-17]