KASE Punishes Requirements for Information Disclosure Violating
OREANDA-NEWS. The Exchange Council of Kazakhstan Stock Exchange (KASE) at its meeting on March 26, 2009 considered sanctions in regard of listing applicants, which violated KASE information disclosure requirements and made the following decisions, reported the press-centre of KASE:
- to impose on Kazneftehim JSC, Subsidiary Bank of Sberbank of Russia JSC and Subsidiary of BTA Bank JSC-Temirbank JSC penalties specified by the Listing rules for violation of terms of information provision;
- to provide Karaganda Asbestos and Cement Plant JSC and GLOTUR JSC (GLOTUR) with a requested additional term for presentation of information required by KASE up to March 31, 2009 and impose penalties on listing applicants as specified in the Listing rules for violation of terms of information provision;
- to provide Kazakhstan Kagazy JSC, Mangistaumunaigas JSC, Temirleasing JSC and Delta Bank JSC additional time for presentation of information required by KASE and impose on these listing applicants penalties as specified by the Listing rules for violation of terms of information provision.
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