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12.05.2020 13:54 #Corporate events

Sole shareholder of Baiterek Development approves company’s annual financial statements and decides to pay dividends on ordinary shares for 2019

/KASE, May 12, 2020/ – Baiterek Development (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the decisions of its sole shareholder made on April 29, 2020:

The sole shareholder made the following decisions:

  • to approve the company's financial statements for 2019;
  • to approve the following procedure for distribution of the company’s net income of KZT15,815,415,000 for 2019:
  • to allocate KZT4,745,221,382 for payment of dividends to sole shareholder;
  • the rest in the amount KZT11,070,193,618 to remain at the company’s disposal.

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[2020-05-12]