AFS Recalled Earlier Issued to Astana-Finance Consents
OREANDA-NEWS. February 08, 2010. The Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) on its website http://www.afn.kz published the following information, reported the press-centre of KASE:
By the Board Resolutions of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations of February 1, 2010 # 7 and #6 it was decided to recall consents to acquire status, accordingly, the banking holding Astana-finance, principal participant Insurance company Astana-finance and principal participant of Life Insurance Company Astana-finance and recognize invalid the Agency Board Resolutions of February 26, 2008 # 29 "On issue to joint stock company Astana-finance of the consent to acquire the principal participant status of being created joint stock company Insurance company Astana-finance, of February 26, 2008 # 30 "On issue to joint stock company Astana-finance of the consent to acquire the principal participant status of being created joint stock company Life Insurance Company Astana-finance, of February 28, 2008 # 52 " On issue to joint stock company Astana-finance of the consent to acquire the banking holding Bank Astana-finance. In addition, in compliance with mentioned Agency Board resolutions Astana-finance needs to decrease the number of held voting shares of Bank Astana-finance and Life Insurance Company Astana-finance to less than ten percent from the total number of voting shares till April 1, 2010 and during two working days submit to the Agency copies of attesting documents.
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