OGCC KazStroyServise Board of Directors decides to pledge assets to secure obligations on credit facility from Subsidiary organization JSC Bank VTB (Kazakhstan)
22.05.14 12:17
/KASE, May 22, 14/ – OGCC KazStroyServise JSC (Almaty), whose bonds are
officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter
informed KASE of the following:
quote
JSC "OGCC KazStroyServise" notifies that its Board of Directors took a decision
to pledge assets of the joint-stock company to the amount of five and more
percent of its assets – money – to secure its obligations on the operational
credit facility at Subsidiary organization JSC Bank VTB (Kazakhstan).
Information on the pledge (re-pledge) of assets of the joint-stock company to
the amount of five and more percent of its assets:
1) date of the decision to pledge (re-pledge) assets taken by the body of the
joint-stock company: May 16, 2014
2) date of the pledge (re-pledge) of assets of the joint-stock company
(agreement date) and the term of the asset pledge (re-pledge): from the date
of conclusion and registration of the pledge agreement (not signed yet);
until July 18, 2016
3) value of the pledged (re-pledged) assets of the joint-stock company: money to
the amount of KZT20,029,482,640
4) date of the most recent valuation of assets of the joint-stock company being
pledged (re-pledged): not applicable
5) percentage ratio of assets being pledged (re-pledged) to the total value of
assets of the joint-stock company: 14.072%.
unquote
[2014-05-22]