OREANDA-NEWS. Halyk Savings Bank of Kazakhstan (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

"Halyk Savings Bank of Kazakhstan (hereinafter – the Bank) announces its intention to exchange all outstanding preferred shares of the Bank and preferred shares convertible into ordinary shares of the Bank, for ordinary shares of the Bank on conditions, according to the procedure, and by the deadline adopted by the general meeting of shareholders of the Bank on April 22, 2016 (the meeting minutes are available on the website of Kazakhstan Stock Exchange).