Thor Invest Sidelined from Trading
OREANDA-NEWS. February 08, 2010. The Board of Kazakhstan Stock Exchange (KASE) sidelined Thor Invest (Almaty) from trading on KASE, reported the press-centre of KASE.
The decision was made in accordance with sub-item 1) of item 27 of KASE internal document "Regulations on Membership" based on letter of the Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations dated February 1, 2010 No. 10020/480/1769 due to voluntary waiver of Thor Invest of license for brokerage and dealer activities on the stock market with right to maintain client accounts as a nominal holder.
A possibility Thor Invest may be stripped of KASE membership will be considered at a meeting of the Exchange Council.
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