Since November 18 bonds of Kazakhstan Mortgage Company CJSC of the 1st issue have been included into KASE's official "А" listing category
18.11.02 00:00
/KASE, November 18, 02/ - As it was informed on the past Friday, by the
decision of Kazakhstan stock exchange's (KASE) Council dated November 15 of
2002 inscribed coupon secured bonds of Kazakhstan CJSC (Almaty) of the first
issue (KZ2CKY03A676, KZT10,000, KZT1.5 bn, November 10, 02 - November
10, 05, semi-annual coupon with floating rate, which is determined on the first
deal at floatation) have been included into KASE's official "А" listing
category.
This decision took effect since November 18 of 2002 after the issuer and stock
exchange made Agreement about securities listing and paid the entrance and the
first annual listing fees.
By the decision of KASE's Governing body dated November 18 bonds were
assigned trade code KZIKb1. Quotation accuracy in the stock exchange's trade
system is four decimal figures of bond's price. Date of trades opening on bonds
at KASE and their quotation parameters will be determined later.
By the same Governing body's decision, on the basis of submitted application,
market-maker's status of bonds of Kazakhstan Mortgage Company at KASE were
assigned KIB ASSET MANAGEMENT Ltd LLP (Almaty), which is the issuer's
lead-manager on bringing of bonds to the market and underwriter of Kazakhstan
Mortgage Company CJSC. Minimal volume of compulsory quotation for the
market maker is 160 bonds.
Primary activities of Kazakhstan Mortgage Company CJSC - loam operations
(giving of credits in monetary terms with conditions of payment, urgency and
giving back), factoring operations (purchasing of the rights of payment
requirement from customers of goods, works and services with accepting of the
risk of non-payment) on the basis of the National Bank's license dated
September 23 of 2002 #28 and other operations in accordance with the company's
charter.
[2002-11-18]