KASE Removed Bonds of Svyazmontazh Holding from Its Official List
OREANDA-NEWS. June 01, 2011. Following a decision of Kazakhstan Stock Exchange (KASE) Listing Commission, bonds KZ2P0Y05D031, KZ2P00000912 (SVMHb1; KZT1, KZT3.0 bn; August 29, 2008 - August 29, 2013; annual coupon indexed at inflation rate, 12.57 % APR in the current coupon period, 30/360) of Svyazmontazh Holding (Almaty) were removed from KASE official list upon the issuer's request, reported the press-centre of KASE.
In KASE's conclusion of April 6, 2011 it is said that KASE received the following documents from Svyazmontazh Holding:
- request of March 24, 2011 for deliberate delisting of the said bonds;
- minutes of a special general meeting of Svyazmontazh Holding partners dated March 24, 2011 where it was decided to remove the said bonds from listing;
- an extract from the system of registers of holders of the said bonds stating that on Svyazmontazh Holding's emissive account there were all of the said bonds amounting to 3.0 bn units, as of March 25, 2011.
According to the presented documents, removal of the said bonds from KASE official list will not infringe on the rights of investors or professional
stock market members.
Based on the above-mentioned and in accord with sub-item 1) of item 1 of article 19 of KASE internal document "Listing Rules" the said bonds have been removed from KASE official list.
The said bonds were included into "B" category of KASE official list on August 29, 2008; from September 1, 2008 they were transferred into the second sub-category of KASE official list's Non-Rated Debt securities category. Trading in them was opened from November 24, 2010. During their circulation on KASE no deal involving the said bonds were concluded.
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