/SPECIFIED/ Centras Securities JSC intends to continue active promoting to development of promissory notes circulation in Kazakhstan - press release
04.01.06 14:23
/IRBIS, Natalya Kuznetsova, January 4, 05/ - Centras Securities JSC
(Almaty), which is a member of Kazakhstan stock exchange on "К", "Р" and
"Н" categories, today spread press release, in exchange for the one
published on December 30 of 2005. The new version is given below:
Beginning of quotation
Mining-metallurgical concern Kazakhaltyn JSC (Stepnogorsk, Akmolinsk
oblast, hereinafter - Company), gave Kazakhstan stock exchange (KASE)
detailed information about promissory notes program, launched by this
company within program of first-rate promissory notes issuers of National
Bank of Kazakhstan.
On November 4, 2005 MMC Kazakhaltyn JSC was acknowledged as first-
rate promissory notes issuer with limit for recalculation of promissory notes
of National Bank of RK in the amount of KZT500 m.
"Financial consultant on elaboration, issue and floatation of promissory notes
was Centras Securities JSC. Assistance in getting status of first-rate
promissory notes issuer was made us by Financial company REAL -
INVEST.kz JSC. Usage of promissory notes allows us to make settlements
with suppliers without derivation of the company's circulating assets and
does not require big waste of time and efforts. We plan to use this form of
calculations also in future", - Mr. Asaubayev K.Sh., President of MMC
Kazakhaltyn JSC says.
This program became the second non-banking promissory notes program in
Kazakhstan, organized by company Centras Securities. "This instrument
finds interest among enterprises - issuers of promissory notes, as well as
among investors, who get additional instrument of investing. Centras
Securities JSC intends further actively assist development of promissory
notes circulation in Kazakhstan", - Mr. Abdrazakov Ye.S., the company's
General director informed.
End of quotation
[2006-01-04]