OREANDA-NEWS. March 31, 2009. Subsidiary of Joint stock company BTA Bank-Temirbank (Almaty, in the headline and hereinafter - Temirbank), the listed company of Kazakhstan Stock Exchange (KASE), provided to KASE the copy of decision of Almaty special economical court (in the headline and hereinafter - ASEC) of March 26, 2009, reported the press-centre of KASE.

According to the mentioned ASEC decision:

Dismiss the claim of QVT Fund LP to Subsidiary of Joint stock company BTA Bank-Temirbank on recognition invalid of Temirbank on recognition of the decision of bank shareholders special general meeting of January 30, 2009, in the part of implementation of the additional issue of 30,250,000 preferred and 10,750.000 common shares.