Halyk Savings Bank Increases Its Stake in Pension Fund
OREANDA-NEWS. On January 08, 2009 Halyk Savings Bank of Kazakhstan (Almaty, hereinafter - the Bank), securities of which are traded in Kazakhstan Stock Exchange (KASE) official list, informed KASE by the official letter on the increase of the Bank stake in the authorized capital Accumulative pension fund of Halyk Bank of Kazakhstan, Subsidiary of Halyk Bank of Kazakhstan (hereinafter - the Fund) from 85.012% to 98.64% through acquisition of 10,000,000 common shares of the Fund on the unorganized securities market, reported the press-centre of KASE.
According to the Bank the deal was made within implementation by the Bank of the first option right.
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