25.02.2015, 11:34
BAST extends ordinary shares KZ1C59680013 offering period until March 20, 2015
OREANDA-NEWS. BAST JSC (East Kazakhstan region, hereinafter – the
Company), whose shares are officially listed on Kazakhstan Stock Exchange
(KASE), has by an official letter informed KASE of the following:
"...On February 2, 2015 BAST JSC announced the upcoming offering of its shares, which, as originally planned, was to be completed before February 10, 2015. Based on recommendation of the issue underwriter, Freedom Finance JSC, the said placement period was extended until March 20, 2015 in connection with the expansion of its marketing campaign among a larger number of potential investors, including regional offices, in response to a positive feedback from a group of clients of Freedom Finance JSC. Given the high demand and favorable market conjuncture the price range has been expanded to the value of KZT19,843-21,827 per share".
"...On February 2, 2015 BAST JSC announced the upcoming offering of its shares, which, as originally planned, was to be completed before February 10, 2015. Based on recommendation of the issue underwriter, Freedom Finance JSC, the said placement period was extended until March 20, 2015 in connection with the expansion of its marketing campaign among a larger number of potential investors, including regional offices, in response to a positive feedback from a group of clients of Freedom Finance JSC. Given the high demand and favorable market conjuncture the price range has been expanded to the value of KZT19,843-21,827 per share".
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