Corporation Ordabasy OJSC (Kazakhstan) informed about significant events in its activity in the third quarter of 2002

/KASE, November 27, 02/ - Corporation Ordabasy OJSC (Almaty), whose bonds are circulating under stock exchange's official "А" listing category, presented KASE the following information about significant events, which occurred during the third quarter of 2002. According to the presented information in the third quarter of this year the company purchased a block of common inscribed shares of Ust- Kamenogorsk steel reinforcement plant OJSC, which is 51.04% of total number of announced for issue shares of that company (171,000 shares with the face value of KZT1,000 each). There has been made credit agreement with Nauryz Bank of Kazakhstan OJSC for KZT150 m with the maturity on November 11 of 2002. In order to fulfill liabilities on that credit agreement the company gave its own transport 10 units in number, full block of purchased by the company common inscribed shares of Ust-Kamenogorsk steel reinforcement plant OJSC, movables and immovables of Aktyubinsk plant of oil equipment LLP, immovables, which belong, according to the fights of private property, to the company's shareholder (a physical person), a set of equipment, which belongs to CLS Production LLP. Authorities of the company's Auditor K. Rakhymzhanova have been removed. The company's primary activities: trade-intermediary and foreign economic activity, building, organization of entertainments and catering. [2002-11-27]