Kcell imposed administrative sanction

25.02.16 10:02
/KASE, February 25, 16/ – Kcell JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement: quote By the Resolution No.165120453000002 of Kentau City Consumer Protection Division of Consumer Protection Department of the South Kazakhstan region of the Committee on Consumer Protection of the Ministry of National Economy of the Republic of Kazakhstan dated February 22, 2016 Kcell JSC was brought to the administrative liability as a fine in the amount of 120 (one hundred twenty) monthly calculation indexes, that is KZT254,520 (two hundred fifty four thousand five hundred twenty) for committing an administrative offense under Article 425 part 1 of the Code of the Republic of Kazakhstan on Administrative Violations. This Resolution shall enter into force on March 3, 2016. unquote [2016-02-25]