SBS of Alliance Bank JSC (Kazakhstan) is not sold at KASE on December 6 - participants did not split the difference

06.12.04 11:08
/KASE, December 6, 04/ - Today at Kazakhstan stock exchange (KASE) trades of state block of shares (SBS) of Alliance Bank JSC (Almaty) were continued. Initiator of trades was Committee of government property and privatization of Ministry of finance of the Republic of Kazakhstan (Committee), which through the mediation of Information-stocking center RGE (Almaty) presented at exchange trades under code NZ_ASBN indivisible by lot holding from 12,955 common shares of Alliance Bank JSC (1.85% from total paid number of floated shares of Alliance Bank JSC). In the course of session three bids were given: two from seller, which reduced supply price from KZT13,000,00 to KZT12,900.00 for share, and one from purchaser by KZT9,500,00 for share. In the course of session no deals were concluded, as counteragents did not split the difference. Trades of NZ_ASBN will be continued at KASE till December 31 of the current year by the acting terms of sale. We remind, that in Internet trades of SBS will be broadcasted in on-line environment http://bird.kase.kz/applets/NZ_ASBN.html. [2004-12-06]