Tort-Kudyk Says on Approval of Changes to Bonds Issue Prospectus
OREANDA-NEWS. March 06, 2012. Ore mining and processing enterprise Tort-Kudyk (Astana, hereinafter in the quotation - the Issuer), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), informed KASE on the following, reported the press-centre of KASE:
Hereby, we inform that due to failure to appear on January 17, 2012 at the bonds shareholders meeting of a bond holder that owns more than ten percent of offered bonds, the Issuer decided to postpone the meeting top January 27, 2012.
At the meeting held on January 27, 2012 it was decided to approve the proposed draft of changes and additions to the Issuer bonds issue prospectus. According to this decision the first issue bonds (NIN - KZ2C0Y05B830) on January 28, 2012 the changes and additions to the issue prospectus have been submitted to the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK). On February 14, 2012, FSC NBK rejected registration of changes and additions to the bonds issue prospectus due to comments to the submitted documents package.
According to item 16-2. Of Resolution of the Agency on Regulation and Supervision of Financial Market and Financial Organizations of July 30, 2005 # 269 in case of rejection of the government registration of changes and additions to the bonds issue prospectus the Issuer finalizes documents and submits to an authorized agency during two months beginning the date of rejection.
At present, the Issuer corrects documents for repeated submission to an authorized agency.
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