Kazakhstan Mortgage Company CJSC plans to increase authorized capital by KZT1.0 bn

15.08.03 00:00
/KASE, August 15, 03/ - Kazakhstan Mortgage Company CJSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, has informed KASE about the fact that the only shareholder of the company - National Bank of Kazakhstan - on August 12 of 2003 made following decisions. Determine number of announced shares of Kazakhstan Mortgage Company CJSC - 250,000 common inscribed shares. Make floatation of common inscribed shares of Kazakhstan Mortgage Company CJSC consisting of 100,000 units at floatation price KZT10,000 each. Include corresponding changes into the charter of Kazakhstan Mortgage Company CJSC. Company's primary activities - loan operations (giving credits in monetary form on the terms of paying off, urgency and giving back), factoring operations (purchasing of rights of payment requirement from consumer of goods (works, services) with assumption of the risk of non-payment). [2003-08-15]