OREANDA-NEWS. June 08, 2010. The Board of Kazakhstan Stock Exchange (KASE) sidelined Management company Alfa Trust (Almaty) from trading securities on KASE, reported the press-centre of KASE.

The decision was made after the Management company Alfa Trust had submitted a request on June 1, 2010 No. 01-13/52 to strip the company of the KASE membership due to voluntary waiver of license for brokerage and dealer activity on the securities market of the Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations.

The next meeting of the KASE Board of directors shall consider a possibility Management company Alfa Trust be removed from KASE stock market members.