Kazkommertsbank Filed Suits, Seek to Retrieve Debt on Bonds
OREANDA-NEWS. March 16, 2010. ASIA AUTO (Ust-Kamenogorsk), listing on Kazakhstan Stock Exchange (KASE), informed - Kazkommertsbank and subsidiaries filed suits to retrieve overdue debt on bonds KZPC1Y03C348 (ASAVb1) of ASIA AUTO, reported the press-centre of KASE:
- Kazkommertsbank is claiming a total of KZT522,250,000.00;
- Insurance company Kazkommertspolis - KZT232,087,900.00;
- Kazkommerts Securities (Kazkommertsbank's subsidiary) - KZT135,440,315.00;
- Kazkommerts-Life - KZT73,394,934.51.
ASIA AUTO informed the courts ruled to arrest the company's property within the amount of the claims.
KASE released a statement January 11, 2010 "ASIA AUTO partially redeems principal and last coupon on bonds KZPC1Y03C348 (ASAVb1)" at http://www.kase.kz/en/news/show/1092821
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