From September 24 securities of Tengri Bank removed from KASE official list

24.09.20 10:17
/KASE, September 24, 2020/ – Following a decision of the Listing Commission of Kazakhstan Stock Exchange (KASE) from September 24, 2020 the following securities of Tengri Bank (Almaty) were removed from KASE official list: - ordinary shares KZ000A1CTMJ8 (KASE main market, category "standard", DNBN); - bonds KZ2C00003705 (KASE main market, category "bonds", DNBNb3). In a conclusion of KASE dated September 22, 2020 it was noted that the ground for considering the issue of delisting these securities is the initiation by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of the procedure of forced liquidation of Tengri Bank JSC. Based on the above-mentioned and in accordance with sub-items 4) and 8) of item 1 of Chapter 3 of Appendix 2.2 to KASE's internal document "Listing Rules", said securities have been delisted. By a decision of KASE's Management Board, trades in common shares KZ000A1CTMJ8 on KASE were suspended from September 18, 2020. Trades in bonds KZ2C00003705 were not opened on KASE. Earlier there was a related KASE news item dated September 18, 2020 " Agency of the Republic of Kazakhstan on the Regulation and Development of the Financial Market revokes license of Tengri Bank for banking and other transactions" – https://kase.kz/en/news/show/1442588/ [2020-09-24]