KASE Imposed Fine on GLOTUR INVEST
OREANDA-NEWS. By the decision of Kazakhstan Stock Exchange (KASE) Board GLOTUR INVEST (Almaty) penalized in the amount of 200 monthly calculation indices because on March 20, 2009 GLOTUR INVEST, being the market-maker on KASE on bonds KZ2C0Y05C440 (KASE official list, the second subcategory of "Non-rated Debt Securities" category, GLOTb2; KZT1, KZT9.0 bn.; March 20, 07 - March 20, 12, the semi-annual coupon indexed on the inflation rate, 10.20 % APR for the current coupon period; 30/360) of GLOTUR (Almaty), the company did not maintained the mandatory quotations on mentioned bonds, reported the press-centre of KASE.
This decision was made in compliance with sub-item 2) of item 21 of the KASE internal document "Rules of Market-Makers Activities".
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