Licenses of CJSC "Fondovyi service" (Kazakhstan) and LLC "KIB ASSET MANAGEMENT Ltd" are not suspended
26.10.99 00:00
/IRBIS, Oct.26, 99/ - By the resolution of the National Securities Commission
of Kazakhstan #456 dated October 14, 1999 additional term for CJSC
"Fondovyi service" and LLC "KIB ASSET MANAGEMENT LTD", which was
set by the resolution of the National commission #413 of August 23, 1999 to
bring criteria (norms) of financial stability into accord with the requirements of
the Instructions on calculating and using the criteria (norms) of financial
stability to organizations engaged in brokerage and dealing activities on the
stock market (resolution #17 of November 25, 1998) was prolonged until
December 1, 1999.
The decision was made based on the petitions of CJSC "Kazakhstan stock
exchange" and OJSC "HALYK SAVINGS BANK OF KAZAKHSTAN", and the
letter of LLC "KIB ASSET MANAGEMENT Ltd" #112/01 of October 11, 1999.