/KASE, May 24, 04/ - Kazakhstan stock exchange (KASE) notifies that on May
25 of 2004 specialized trades on primary floatation of bonds of Food contract
corporation JSC (Astana) of the first issue (KZ2CKY05B091; KASE's official "A"
listing category, PRKRb1; KZT10,000, KZT3.0 bn.; May 17, 04 - May 17, 09,
coupon 8.0% APR, actual/actual) will be held at KASE.
The issuer plans to offer during the trades all registered bonds.
The specialized trades will be held in the KASE's trade system from 11:30 a.m.
till 2:00 p.m. of Almaty time. The issuer will make up his mind about cutting
off by 3:00 p.m. of Almaty time. Bonds purchasers must transfer money for
purchased securities to stock exchange's correspondent account before 4:00 p.m.
of Almaty time on deals making day (T+0).
Bonds' clean price (without accumulated interest) expressed as percentage to
security's face value with the accuracy of four decimal figures is to be shown
in bid as the price.
Total face value of securities in tenge divisible by one bond's face value is
to be shown in bid as the number of financial instruments.
Volume of submitted bid is determined as product of the number of financial
instruments and price taking into account accumulated interest divided by 100%.
Participants should take into account the accumulated interest on bonds payment
date.
Method of bids satisfaction for purchase is at stated price. The issuer will
satisfy all or a part of bids, prices in which will be higher or equal to
cut-off price. In the latter case bids submitted to KASE's trade system earlier
will be preferred.
Bids can be submitted only by KASE's members of "Р" category (the right to
participate in trades in corporate securities, which have been included into
the stock exchange's official list). Investors may submit their bids through
these juridical persons. Full list of KASE's members of "Р" category has been
published in the stock exchange's web-site at
http://www.kase.kz/kasemembers/.
The floated bonds may be purchased at the expense of pension assets of
Kazakhstan accumulative pension funds as included in KASE's official "А"
listing category.
[2004-05-24]