PAIMO Bailyk Is Against SIEC's Decision
OREANDA-NEWS. On January 21, 2007 PAIMO Bailyk asset management JSC (daughter organization of Eurasian bank JSC) had sent the private claim for decision of Specialized interregional economic court (SIEC) of Almaty dated January 3, 2008 about removal of secured measures, applied by decision o the same court dated December 11, 2007, reported the press-centre of KASE.
As it was informed earlier, on January 3, 2008 SIEC of Almaty accepted the decision about cancellation of measures for security of suit of PAIMO Bailyk asset management JSC (daughter organization of Eurasian bank JSC) to Kazakhstan stock exchange (KASE) and RBNT SECURITIES JSC, undertaken by decision of the same court dated December 11, 2007, which had to take effect, if during 15 days won't be submitted the private claim and protest. Because the claim was submitted, KASE cannot renew on its floor the trades with bonds of seven issues, part of which had become the subject of security measures on suit.
Let us remind, that since December 23, 2007 KASE stopped the trades with bonds of seven issues, traded in KASE's category "A" official list, after receiving of above mentioned determination of SIEC of Almaty dated December 11, 2007.
Copy of private claim, submitted by PAIMO Bailyk asset management JSC (daughter organization of Eurasian bank JSC), is available on the web site of KASE in Internet at http://www.kase.kz/files/mix/sud_RBNT_210108.pdf
Copy of decision of SIEC of Almaty dated January 3, 2008 is available on the web site of KASE at http://www.kase.kz/files/mix/isk_kase_030108.pdf
Copy of decision of SIEC of Almaty dated December 11, 2007 is available on the web site of KASE at http://www.kase.kz/files/mix/kase_sud_071211.pdf
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