From December 28, 2009, common shares KZ1C52350010 (ORNK) of Ornek XXI (Kazakhstan) are excluded from KASE official list
28.12.09 13:13
/KASE, December 28, 09/ - By Kazakhstan Stock Exchange (KASE) Listing
Commission decision from December 28, 2009 common shares
KZ1C52350010 (ORNK) of Ornek XXI (Almaty Region) are excluded from
KASE official list.
In the KASE conclusion of November 19, 2009 it is noted that the basis for these
bonds delisting is non-observance by Ornek XXI of information disclosure
requirements, set forth by the KASE internal document "Listing Rules" and the
agreement on listing of corporate serial securities of June 21, 2005, signed
between Ornek XXI and KASE (hereinafter - the agreement), and the debt of
Ornek XXI on annual listing fees payment.
As of the Listing Commission meeting date Ornek XXI did not submitted to KASE
the auditors' report on consolidated financial statements for 2008, which violates
the requirements of sub-item 2) of item 1 of article 27 of Listing Rules, and the
agreement item 6.
Based on the above said shares were de-listed.
Shares were include to the KASE category "B" official list on June 27, 2005, from
August 2, 2006 were transferred KASE category "A" official list, and from
September 1, 2008 were transferred to KASE official list second category, and
from January 30, 2009 to KASE official list third category. Trades were opened on
July 1, 2005. During shares circulation the deals price by open trades methods
varied from KZT1.00 to KZT10.06 per share.
[2009-12-28]