Shareholders of Batys tranzit decide not to pay dividends on ordinary shares for 2021

02.06.22 18:26
/KASE, June 2, 2022/ – Batys tranzit JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the decisions of the annual general meeting of shareholders held on May 27, 2022. Shareholders, among other things, made the following decisions: - to approve the annual audited financial statements of the company for 2021; - to accept the accrual of a reserve for the return of the invested capital of the company in the amount of 1,070,120,980 tenge from the net income from the company's core activities for 2021, with the accrual date of December 31, 2021; - to retain the company's net income from non-core activities for 2021 in the amount of 411,597,000 tenge and direct it to the "Retained earnings" account, not to accrue or pay dividends on the company's ordinary shares for 2021. Decisions on a total of six items on the agenda were made at the general meeting of shareholders. This information is available – https://kase.kz/files/emitters/BTTR/bttr_special_shareholders_meeting_results_270522_327.pdf [2022-06-02]