AFS Suspended Coupon Bonds Offering of Almaty Distillery Plant
OREANDA-NEWS. On February 02, 2009 The Agency of Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) directed KASE the copy of AFS Resolution # 12 "On suspension of unsecured coupon bonds offering of Almaty distillery plant JSC", dated January 26, 2009, reported the press-centre of KASE.
According to the provided document, AFS decided:
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1. To suspend the offering of unsecured coupon bonds of Almaty distillery plant JSC due to default on liabilities to pay interest for previously offered coupon bonds.
2. The Resolution is effective since the date of adoption.
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Additionally AFS informed that according to the paragraph 2 of point 2 of article 25 of the Law of Republic of Kazakhstan "On securities market", registrar of Almaty distillery plant JSC, which is Perviy nezavisimiy registrator (Almaty) and Central Securities Depositary JSC (Almaty) are obliged to suspend registration of deals on emission securities offering since the moment of getting decision from authorized body on suspension of these securities offering.
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