KASE Plans to Launch Specialized System IS2IN in 2012
OREANDA-NEWS. September 08, 2011. Kazakhstan Stock Exchange (KASE) currently develops a specialized system for management of securities issuers' documents called "IS2IN" ("ISSUERS TO INVESTORS", hereinafter - system "IS2IN"), reported the press-centre of KASE.
Development of the "IS2IN" system is caused by the need for speedier placement of documents coming from listing companies on KASE website, as well as by the desire to make the available procedure of information disclosure by securities issuers and admittance initiators conform to international standards.
System "IS2IN" allows listed companies to transmit their documents (periodic financial statements, meeting minutes, securities issue prospectuses etc.) automatically without hard copies to KASE and create standardized news with their successive display on KASE website.
It is supposed that from July 1, 2011 listed companies will be able to transmit data to KASE both through the "IS2IN" and in the usual mode, and from July 1, 2012 - through "IS2IN" only.
Appropriate changes and additions will be made to the Listing Rules, and listed companies will be offered additional information disclosure agreements for signing.
To make listed companies and other interested parties familiar with "IS2IN" operation KASE will arrange appropriate workshops which will be announced additionally.
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