17.08.2015, 14:52
As of August 17, 2015 ordinary shares KYG368211093 (KY_FRNT) of FRONTIER MINING LTD. (Cayman Islands) removed from KASE official list
OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange
(KASE) Listing Commission, as of August 17, 2015 ordinary shares KYG368211093
(trade code – KY_FRNT) of FRONTIER MINING LTD. (Cayman Islands) are removed from
KASE official list.
In KASE's conclusion of August 5, 2015 it is said that the reason for considering delisting of the mentioned shares is the liquidation of FRONTIER MINING LTD., as well as debt of FRONTIER MINING LTD. towards KASE on payment of annual listing fees for the period from December 1, 2014 to July 31, 2015.
Base on the above-mentioned, and in accordance with sub-item 1) of item 26 of "The requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" approved by resolution No. 189 of Management Board of National Bank of Republic of Kazakhstan dated October 22, 2014 as well as sub-items 6) and 8) of item 1 of article 19 of KASE internal document "Listing Rules" the mentioned shares were delisted.
The mentioned shares were included in KASE official list's third category as of December 5, 2013; from January 1, 2015 they were transferred into the second category of KASE official list. Trade in them opened as of March 5, 2014. During their circulation on KASE no deals involving them were made.
In KASE's conclusion of August 5, 2015 it is said that the reason for considering delisting of the mentioned shares is the liquidation of FRONTIER MINING LTD., as well as debt of FRONTIER MINING LTD. towards KASE on payment of annual listing fees for the period from December 1, 2014 to July 31, 2015.
Base on the above-mentioned, and in accordance with sub-item 1) of item 26 of "The requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" approved by resolution No. 189 of Management Board of National Bank of Republic of Kazakhstan dated October 22, 2014 as well as sub-items 6) and 8) of item 1 of article 19 of KASE internal document "Listing Rules" the mentioned shares were delisted.
The mentioned shares were included in KASE official list's third category as of December 5, 2013; from January 1, 2015 they were transferred into the second category of KASE official list. Trade in them opened as of March 5, 2014. During their circulation on KASE no deals involving them were made.
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