KASE Amended Listing Rules
OREANDA-NEWS. By the decision of Kazakhstan Stock Exchange (KASE) Council of March 16, 2009 were approved additions and changes # 24 (amendments) to the KASE internal document "Listing Rules", reported the press-centre of KASE.
The mentioned amendments were made to bring Listing Rules into line with norms of the Board resolutions of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) "On Requirements for Issuers and Securities, being Admitted (Admitted) to Circulation on Stock Exchange, and certain Stock Exchange List Categories of May 26, 2008 # 77 and "On Requirements for Organizational Structure of Trades Organizer and for the Stock Exchange Listing Committee Composition, and on Approval of Rules of Trades Organizer Structural Division, Supervising Deals Execution in the Trades Organizer Trading System" of November 28, 2008 # 195.
The mentioned amendments mainly relate to the delegation to the Listing Commission of the Exchange Council authorities on listing, delisting or the KASE official list category (sub-category) change, and establishment of listing requirements for securities and their issuers through the reference rule to the corresponding AFS legal act.
In addition, the mentioned amendments have the editorial character.
The mentioned amendments were submitted to AFS for approval and will be given effect from the first day, following the day of their approval.
The Listing Rules revised text will be published on KASE website at address http://www.kase.kz/files/normative_base/listing_rules.pdf in the nearest time.
Until the mentioned amendments are given effect on KASE website will be available two Listing Rules versions - the version effective till the mentioned amendments effective date, and the version that will become effective from this date.
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