Bayan Sulu (Kazakhstan) announces pledging of assets worth KZT1.9 bn

12.10.13 18:19
/KASE, October 12, 13/ – Bayan Sulu (Kostanai), whose bonds are officially ] listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote The information about pledging (re-pledging) of Bayan Sulu's assets to an amount making up five and more percent of the issuer assets: 1) date of the issuer's body making a decision to pledge (re-pledge) the issuer's assets – September 25, 2013, minutes of Board of Directors No. 17; 2) date of pledging (re-pledging) of the issuer's assets – Certificate of state registration of movable property dated September 28, 2013 No. 1201/13/91; term of pledging (re-pledging) the assets – January 10, 2019; 3) value of pledged (re-pledged) assets of the issuer: KZT1,906,652,621 (one billion nine hundred six million six hundred fifty two thousand six hundred twenty one); 4) date of the most recent appraisal of pledged (re-pledged) assets of the issuer: November 8, 2012 and December 6, 2012; 5) percentage ratio of pledged (re-pledged) assets to the total value of assets of the issuer – 10.8%. unquote [2013-10-12]