Bonds of MINING-SMELTING CONCERN KAZAKHALTYN OJSC of the 1st issue have passed listing procedure at KASE under "A" category
27.05.04 16:37
/KASE, May 27, 04/ - By the decision of Kazakhstan stock exchange's
(KASE) Council dated May 26 of 2004 indexed on inflation and tenge
devaluation rate bonds of MINING-SMELTING CONCERN
KAZAKHALTYN OJSC (Stepnogorsk, Akmola oblast) of the first issue
(KZ2CKY05B133, KZALb1; KZT1, KZT2.8 bn.; 5 years, semi-annual coupon
9.0% APR of indexed face value for the first period, afterwards - floating,
30/360) 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 and makes Agreement about
listing with KASE.
Status of the market-maker of KZALb1 at KASE, on the basis of submitted
application, has been assigned to Financial company REAL-INVEST.kz JSC
(Almaty). Minimal volume of compulsory quotation for the market-maker is
1,800,000 bonds.
Financial consultant of the issuer on bonds bringing to the organized market
is Financial company REAL-INVEST.kz JSC.
Primary activities of MINING-SMELTING CONCERN KAZAKHALTYN OJSC
- exploration and prospecting works, extraction and processing of gold-
containing ore, production of gold-containing goods, manufacture, storage
and sale of gold and other precious metals, export of gold and other precious
metals and precious stones, jewelry production, operations with refined
precious metals and precious stones in physical condition, transportation,
organization of scientific and development works and development projects.
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.
[2004-05-27]