/KASE, August 26, 13/ – National Managing Holding KazAgro (Astana), bonds
of which are officially listed on Kazakhstan Stock Exchange (KASE), provided
to KASE the following press release of August 26, 2013:
quotation
The Kazagro national holding intends to strengthen possibilities of domestic
landowners before harvesting in the main grain sowing regions of the country.
It is a question of new financing terms at acquisition by farms demanded in
this season a grain- dryer, combine and cotton-picking harvesters within the
Crop-2013 program, and also leasing of the agricultural machinery which was
in operation.
New rules are developed by JSC Kazagrofinance, the company in Kazagro National
holding structure which carries out direct financing of the directions connected
with updating of technical park and processing equipment in agrosector of the
republic.
Measures undertaken before a harvest season have to become notable support
for farms with the limited budget, many of which are compelled to attract
during the high season the rented combine, breaking thus all agrotechnical
terms and losing quality of grain, and at times and all crop. It should be
noted that drying and safety of a crop - one of important technological
stages at its cleaning. According to estimates of the experts, some farms
this year can face a problem of storage of a damp crop.
ends
The press release full version is available on KASE website at:
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http://www.kase.kz/files/emitters/KZAG/kzag_reliz_260813_kz.pdf – in Kazakh;
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http://www.kase.kz/files/emitters/KZAG/kzag_reliz_260813.pdf – in Russian.
[2013-08-26]