Term of shares payment to authorized capital of Development Bank of Kazakhstan CJSC was prolonged for local executive bodies

/KASE, July 30, 02/ - Development Bank of Kazakhstan CJSC (Astana), whose bonds are circulating under official securities list of "A" category, presented KASE a copy of minutes of special General shareholders' meeting, which was held on June 14, 2002. According to accepted agenda of the meeting the shareholders made the following decisions: - to cease authorities of Mynbayev S.M., member of the bank's Board of directors in advance, and appoint Shalgimbayev K.B. to President position and member of the Board of directors; - to cease authorities of Daukeev S.Zh., member of the bank's Board of directors in advance, and appoint Musin A.E. member of the Board of directors; - prolong term for shares payment of local executive bodies of Kazakhstan in authorized capital of the bank to April 01, 2003; - take into consideration the information of the Board about financial ratios of the bank's activity for 5 months of 2002 and about investment projects, accepted to financing and being in the consideration. [2002-07-30]