OREANDA-NEWS. OGCC KazStroyServise JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

"...JSC "OGCC KazStroyServise" notifies that its Board of Directors took a decision to pledge assets of the joint-stock company to the amount of five and more percent of its assets – money – to secure its obligations on the operational credit facility at Subsidiary organization JSC Bank VTB (Kazakhstan).

Information on the pledge (re-pledge) of assets of the joint-stock company to the  amount of five and more percent of its assets:

1) date of the decision to pledge (re-pledge) assets taken by the body of the joint-stock company: February 24, 2015

2) date of the pledge (re-pledge) of assets of the joint-stock company (agreement date) and the term of the asset pledge (re-pledge): from the date of conclusion and registration of the pledge agreement (not signed yet); until July 18, 2016

3) value of the pledged (re-pledged) assets of the joint-stock company: money to the amount of KZT27,528,000,000

4) date of the most recent valuation of assets of the joint-stock company being pledged (re-pledged): not applicable

5) percentage ratio of assets being pledged (re-pledged) to the total value of assets of the joint-stock company: 17%".