KASE Imposes Sanctions for Some Companies
OREANDA-NEWS. October 05, 2009. Kazakhstan Stock Exchange (KASE) Council at the meeting considered the issue of imposing sanctions on admittance initiators, who violated KASE requirements on information disclosure terms and decided the following, reported the press-centre of KASE:
- to send to Doszhan Temir Zholy (DTZ) a warning on imposing of sanctions in case of the repeated violation of Listing Rules requirements on information disclosure;
- to impose on Ust-Kamenogorsk Poultry Plant penalties, stipulated by Listing Rules for violation of information disclosure terms;
- provide Astana-Nedvizhimost, Ornek XXI, ORDABASY Corporation, ROSA (as an admittance initiator of shares KZ1C07780014 to the KASE official list) and Caspian Beverage Holding additional time for provision of required by KASE information and impose on these admittance initiators penalties, stipulated by Listing Rules for violation of information disclosure
terms;
- provide Kazneftehim and KOMBISNAB additional time for provision of required by KASE information;
- consider the issue related to Kazakh Distribution Company shares delisting due to systematic information provision terms violation.
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