Sole shareholder of Industrial Development Fund decided not to pay dividends on the company's ordinary shares for 2021

08.04.22 12:28
/KASE, April 8, 2022/ – Industrial Development Fund JSC (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the decisions of its sole shareholder dated March 31, 2022: - the net income earned in 2021 in the amount of 8,200,212,326.47 tenge must not be distributed and must be retained; - not to pay dividends on ordinary shares of the company for 2021; - to resubmit for consideration by the sole shareholder of the company the issue of the distribution of net income and the payment of dividends based on results of 2021 after the completion of measures to increase the company's authorized capital. This information is available (in Kazakh and Russian) on – https://kase.kz/files/emitters/IDFR/idfr_decision_sole_310322_240.pdf [2022-04-08]