Shareholders of Bank CenterCredit JSC (Kazakhstan) decided to increase number of its announced shares

29.11.05 21:17
/KASE, November 29, 05/ - Bank CenterCredit JSC (Almaty, hereinafter - bank), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE a copy of the minutes of prescheduled general shareholders meeting, which was held on November 11, 2005. According to the meeting's agenda the bank's shareholders approved changes and additions in its charter, and also resolved (quotations from the above document are given below): - "To increase number of the bank's announced shares by issue of additional 50,000,000 (fifty millions) common shares. According to Law of RK "About securities market" to introduce this changes in prospect of issue after floatation of all the bank's shares announced by the moment of meeting holding and approval of the report about results of floatation by authorized body. After additional issue number of the bank's announced shares will be 120,316,695 (one hundred and twenty millions three hundred and sixteen thousands six hundred ninety five) items of common shares, 10,000,000 (ten millions) items of privileged shares, convertible in common shares." [2005-11-29]