Shares of JSC "Altyn Den" (Kazakhstan) is expeld from KASE's trade lists

/IRBIS, Nov.10, 99/ - By the resolution of the Council of the Kazakhstan Stock Exchange (KASE) common and preferred shares of JSC "Altyn Den" (Kovylnoe-2 village, Esil district, Torgai oblast, official list of securities, "B" category) since November 10, 1999 have been expelled from the Exchange's trade lists. The reason of the shares delisting is absence of trades and supply or demand quotations in them since December 02, 1997, and also the default by the company of the listing duties on financial reporting. October 28 1997 the company's shares were included in the KASE's additional list securities, on July 14, 1998 in connection with the new "Listing Rules" they were transferred in the official list under "В" category. From the moment of the trades beginning (Nov.11, 97) there were only two transactions in them: on November 14 and on December 02, 1997 in total amount of 20 shares at the price of 12,000 tenge per share. Late both transactions and quotations were absent. JSC "Altyn Dan" activity is acceptance, accommodation, processing and storage of all kinds of grain; acceptance and storage of bread-stuffs. Company's authorized capital is 5,796,700 tenges. The shares of the company are placed as follows: 60.07% of the common shares belongs to Closed JSC "ACCEPT CORPORATION" (Almaty, Kazakhstan); 10.0% - to IPF "ASTANA-INVEST" (Almaty, Kazakhstan); 17.5% - to IPF "ACCEPT"; 2.5% - to the other holders; the preferred shares (10.0% from the authorized capital) are placed among the natural persons.