OREANDA-NEWS. On December 24, 2007 Astana-Nedvizhimost JSC (Astana, hereafter - "the company"), being a listing company on Kazakhstan stock exchange (KASE), has provided KASE with a copy of protocol of its Board of directors meeting that took place on December 19 of 2007, reported the press-centre of KASE.

According to the presented document, the Board of directors accepted the following decisions:

- to approve the bond issue for implementation of investment projects of real estate objects' construction and replenishment of working capital to the amount of KZT6 bn.;

- to set the parameters of the bonds to issue;

- to endow the company's Chairman of the Board B.H. Sabyrjanov with authorities to sign all the documents, needed for the issue of bonds and also the documents, necessary for inclusion of company's bonds in the KASE official list.