KRTH Zangar OJSC (Kazakhstan) plans to issue bonds for up to KZT3.5 bn

/KASE, April 8, 03/ - KRTH Zangar OJSC (Almaty), whose shares are circulating in Kazakhstan stock exchange's official "В" listing category, provided KASE with a copy of minutes of prescheduled general shareholders meeting, which had been held on November 22 of 2002. In accordance with the approved agenda shareholders of KRTH Zangar OJSC decided to approve issue of coupon indexed bonds of the company with the following parameters: issue volume - up to KZT3.5 bn., total number of issued bonds - up to 3.5 bn. units with the face value equaling to 1 tenge each, circulation term - eight years, periodicity of coupon payment - twice a year. The shareholders meeting considered examination and confirmation of final issue parameters within the set limits, including size of coupon, as the competence of the company's Board of directors. Company's primary activities - rent of trade areas, organization of retail, wholesale and commission trades. [2003-04-08]