Bonds of Food contract corporation JSC (Kazakhstan) of the 1st issue have passed listing procedure at KASE under "A" category

14.05.04 16:07
/KASE, May 14, 04/ - By the decision of Kazakhstan stock exchange's (KASE) Council dated May 13 of 2004 bonds of Food contract corporation JSC (Astana) of the first issue (KZ2CKY05B091, PRKRb1; KZT10,000, KZT3.0 bn.; 5 years, annual coupon 8.0% APR, actual/actual) have been included in KASE's official "A" listing category. Date, on which the mentioned decision of stock exchange's Council (date, since which the bonds will have been included in KASE's securities list) takes effect, will be announced later after the issuer pays the entrance and the first annual listing fees for these securities (Agreement about listing between KASE and Food contract corporation JSC has been made already). Date of opening of trades in bonds at KASE will also be announced later. Status of the market-maker of PRKRb1 at KASE, on the basis of submitted application, has been assigned to Nauryz Securities Kazakhstan LLP (Almaty). Minimal volume of compulsory quotation for the market-maker is 180 bonds. Financial consultant of the issuer on bonds bringing to the organized market is Nauryz Securities Kazakhstan LLP. Company's primary activities - purchase, formation, registration, organization of storage, renewal, transfer, sale of state resources of grain and products of its processing, and also other functions determined by Kazakhstan Government. Detailed information about the issuer and its securities will be placed in KASE's web-site after the mentioned decision of KASE's Council takes effect. [2004-05-14]