Shareholders of RG Brands JSC (Kazakhstan) approved decision of the Board of directors to conclude big deal with Citibank Kazakhstan JSC

27.12.05 21:19
/KASE, December 27, 05/ - RG Brands JSC (Almaty, hereinafter - company), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange (KASE), has presented to KASE a copy of the minutes of general shareholders meeting, which was held on December 1, 2005. According to the agenda the company's shareholders accepted the following decisions (quotations from text of the minutes are given below): - "To approve decision of the Board of directors of RG Brands JSC dated November 1, 2005 to conclude deal with Citibank Kazakhstan JSC (hereinafter in the text - Bank), connected with increase of credit line by General agreement about short term credits ? w/n dated February 5, 2004 to USD8,010,000 (Eight million ten thousand)". - "To publish in the republican newspaper, which is Kazakhstanskaya Pravda, information about conclusion of big deal with CITIBANK Kazakhstan JSC (hereinafter in the text - Bank) during 5 (Five) days from the date of taking decision about completion of big deal". The company's primary activities - production and sale of natural juices and beverages, marketing services. [2005-12-27]