KAZEXPORTASTYK Holding announces coming into effect of court decision on applying of rehabilitation procedure

31.07.14 16:24
/KASE, July 31, 14/ – KAZEXPORTASTYK Holding JSC (Astana, hereinafter – the Company), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... in addition to the earlier message of May 21, 2024 No. 211 announces that Decision of Astana Special inter-district economic court (hereinafter – SIEC) of May 11, 2014 , on applying to the Company of a rehabilitation procedure (hereinafter – Court decision), has come into effect according to the procedure defined by item 3 article 235 of Kazakhstan's Civil Procedure Code, i.e. July 16, 2014. In this respect, as well as due to sub-item 2 item 1 of article 68 of Act of the Republic of Kazakhstan "On Rehabilitation and Bankruptcy" (hereinafter – the Act), calculation and payment of the sixth coupon interest for the period from January 18, 2014 to July 17, 2014 will not be executed. Requests of the creditors will be met talking into account requirements of article 77 of the Act. Also we notify you of appointment in accordance with the definition of SIEC judge V. Saliy of July 28, 2014 of Erik Aliyaparov as temporary administrator of the Company. unquote [2014-07-31]