Bonds of Kazakhstan Mortgage Company CJSC of the first issue have passed listing procedure at KASE under "А" category
15.11.02 00:00
/KASE, November 15, 02/ - By the decision of Kazakhstan stock exchange's
(KASE) Council dated November 15 of 2002 inscribed coupon bonds with
security of Kazakhstan Mortgage Company CJSC (Almaty) of the first
issue (KZ2CKY03A676, KZT10,000, KZT1.5 bn, November 10, 02 -
November 10, 05, semi-annual coupon with fluctuating rate, which is
determined on the first deal at floatation) have been included into KASE's
official "А" listing category. At KASE bonds were assigned trade code
KZIKb1.
According to the article 19-2 of Listing rules, which took effect since October
29 of 2002, decision of stock exchange's Council about including of the
securities into KASE's official list takes effect after making by the issuer
and stock exchange of the Agreement about these securities listing
and payment by the issuer of entrance and first annual listing fees for
the securities. Thus, the date of the mentioned Council's decision taking
effect (date, since which bonds of Kazakhstan Mortgage Company CJSC will
be included into KASE's official "А" listing category) will be announced
later. Date of trades on bonds opening and parameters of their quotation at
KASE will also be announced later.
Primary activities of Kazakhstan Mortgage Company CJSC: loam operations
(giving of credits in money terms on the condition of payment, urgency and
paying back), factoring operations (purchasing of rights of payment
requirement from consumer of goods, works and services with admitting of
risk of non-payment) on the basis of the license of the National Bank of
Kazakhstan dated September 23 of 2002 #28 and other operations in
accordance with the company's charter.
[2002-11-15]