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

"...On August 12, 2012 the Sole shareholder holding 10 and more percent of voting shares of KoZhaN JSC – joint-stock company "Maten Petroleum", represented by Board of Directors of Maten Petroleum JSC, conducted a meeting where powers of the current Board of Directors of KoZhaN JSC were terminated: Chairman of Board of Directors I. Tupikina, secretary of Board of Directors E. Derbisaliev,as well as independent director A. Shalamov as of August 12, 2015; following a decision of Board of Directors of Maten Petroleum JSC, the new composition of Board of Directors of KoZhaN JSC was elected in the person of Wang Wentao (representative of shareholder of KoZhaN JSC), He Xi (representative of shareholder of KoZhaN JSC) and Zhang Zheng Qing (independent director). Regarding election of the new Board of Directors, Board of Directors of KoZhaN JSC, on August 12, 2015 conducted the first meeting where Chairman of Board of Directors of KoZhaN JSC was elected Wang Wentao, secretary of Board of Directors of KoZhaN JSC – He Xi. The sole executive body – general director of KoZhaN JSC was appointed Darkhan Mendekulov, following which powers of the current general director of KoZhaN JSC, Erbol Derbisaliev, were terminated".