EXCHANGE COUNCIL OF KASE TOOK DECISION ON LISTING COMPANIES, VIOLATING SUBMISSION TERMS OF AUDIT REPORTS FOR 2004
05.12.05 22:11
/KASE, December 5, 05/ - Kazakhstan Stock Exchange (KASE) informs, that on
the meeting of Exchange Council on December 2, 2005 question regarding seven
listing companies, which violate submission terms on KASE of audit reports,
prepared by their financial reporting for 2004 was considered. These companies
are securities issuers, which are included in KASE's official "A" listing
category (ALMATY KUS JSC, Corporation Ordabasy JSC, Sokolovsk-Sarbay ore mining
and processing unit JSC, Chimfarm JSC) and "B" category (AI-DAN MUNAI JSC,
Mangistaumunaigas JSC, CLAscAS OJSC).
Taking into account reasons, which affected preparation terms of audit report
for 2004, by financial report of each of the seven listing companies, Exchange
Council accepted the following decisions:
- Corporation Ordabasy JSC - in connection with presence of explanatory
letter from audit company of this issuer, addressed to stock exchange, to fix
March 15, 2006 as a final date for submission of audit report on its
financial reporting for 2004;
- ALMATY KUS JSC, Sokolovsk-Sarbay ore mining and processing unit
JSC, AI-DAN MUNAI JSC, Mangistaumunaigas JSC and Chimfarm JSC -
to fix February 1, 2006 as a final date for submission of audit report made
on its financial reporting for 2004, in case the above date comes but
required audit reports are absent, question about de-listing of securities
will be considered on each company;
- to order Listing committee to prepare conclusion for putting a question about
de-listing of common (NIN - KZ1C49130012) and privileged (NIN -
KZ1P49130217) shares of CLAscAS OJSC to Exchange Council.
[2005-12-05]