Shares of OJSC "Embamunaigas" (Kazakhstan) were removed from trade lists of KASE

16.02.00 00:00
/IRBIS, Feb.16, 00/ - By the decision of the Board of Kazakhstan stock exchange (KASE), from February 16, 2000 common inscribed (EMGZ) and preferred inscribed (EMGZp) shares of OJSC "Embamunaigas" (Atyrau, "Non-listing securities" sector, second admittance level) were removed from trade lists of the Exchange. The decision was made on the basis of the information of the National securities commission of Kazakhstan about canceling the first issue of OJSC "Embamunaigas" shares on November 13, 1999 because of the merger with OJSC "Kazakhoil-Emba". Based on reorganization agreement of OJSC "Embamunaigas" (and OJSC "Tengizmunaigas") by merging with OJSC "Kazakhoil-Emba", dated May 14, 1999, all shares of OJSC "Embamunaigas" are converted into the shares of newly founded OJSC "Kazakhoil-Emba" in proportion of 1:1. The first issue of a new company shares was registered on November 23, 1999 (common inscribed shares - KZ1C40070715, preferred shares - KZ1C40070710).