OREANDA-NEWS. August 02, 2010. The Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA) provided to KASE the copy of its Board resolution "On suspension of trades in unsecured coupon bonds of joint stock company Karaganda Asbestos and Cement Production Plant" # 102, reported the press-centre of KASE.

According to this document FSA enacted:

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1. To suspend placement of unsecured coupon bonds of Karaganda Asbestos and Cement Production Plant, registered under #B80-3, due to non-payment of interest on earlier placed coupon bonds.

2. The resolution is effective from the date of its issue.

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In addition, FSA informed that according to the second paragraph of item 2 of article 25 of the law of the Republic of Kazakhstan "On Securities Market" the registrar of Karaganda Asbestos and Cement Production Plant Registrator Zerde (Almaty) and Central Securities Depository (Almaty) must suspend registration  of deals on securities placement from the date of receipt of an authorized body decision on suspension of these securities placement.