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 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 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]