KazAgroFinance announces lifting of arrest from company assets

/KASE, September 11, 15/ – KazAgroFinance JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote On September 1, 2015 following a definition of judge of Astana inter-district economic court A. Sholimova (received by KazAgroFinance JSC on September 9, 2015), arrest was lifted from assets (fish-processing facilities) of KazAgroFinance in Aralsk, 1 Suleimenov str., with a land plot, which was earlier imposed by a definition of judge of Astana inter-district economic court Sh. Nusupova of March 2, 2015, as collateral for a statement of claim of the Bankruptcy manager of Atamekenrybprom against KazAgroFinance JSC regarding acknowledgement of the act of transforming of pledged assets into ownership of May 31, 2013 invalid. Total balance-sheet value of the fish-processing plant located in Aralsk, 1 Suleimenov str., with a land plot makes up 0.36% of the total value of assets of KazAgroFinance JSC. unquote [2015-09-11]