/KASE, May 5, 05/ - Kazakhstan stock exchange (KASE) informs that on
May 6, 2005 specialized trades on additional offering of preferred shares
KZ1C33870011 of Halyk savings bank of Kazakhstan JSC (Almaty) will
be held in trade system of KASE.
These shares are traded under "A" category of the official securities list of
KASE under HSBKp1 symbol, they are convertible into common shares and
carry a guarantied size of a dividend, the amount of which depends on
inflation rate in Kazakhstan but no less than KZT0.01 per share.
Total number of issued preferred shares is 5,225,222 units. The issuer plans
to offer 4,329,588 shares during specialized trades.
Specialized trades will be held in trade system of KASE from 11:30 to 13:00
of Almaty time. Security's symbol at the trades is HSBKp1A. The issuer will
decide on cut-off point before 15:00 ALT of trades holding day. Purchases
must transfer money for purchased securities to correspondent account of
KASE before 16:00 ALT on May 6 of 2005 (ΠΆ+0).
Only limited bids are accepted.
Share's price expressed with the accuracy of two decimal figures is to be
shown in bid as the price. Total number of securities specified in a bid must
be equal to the number of shares to be purchased. The volume of bid must
be equal to the product of number of shares to be purchased and one
share's price.
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 "P" category. Investors
can submit bids through these members. Full list of KASE members of "P"
category is available on the web-site of KASE at
http://www.kase.kz/kasemembers/
[2005-05-05]