/KASE, May 25, 10/ - Combine for construction materials and structures-2
LLP (Almaty oblast) informed Kazakhstan Stock Exchange (KASE) the company
redeemed on May 24, 2010 a part of the debt on the second coupon interest on
bonds KZ2P0Y03C772 (KSM2b1; KZT100, KZT1.5 bn; 03.01.08 - 03.01.11,
annual coupon 12.00 % APR; 30/360).
The letter says Combine for construction materials and structures-2 paid a part of
the interest in the amount of KZT4,000,000.00.
According to the prospectus of the bonds Combine for construction materials and
structures-2 had to pay the second coupon interest in the period January 5
through January 19, 2010.
The KASE Listing commission removed the bonds from KASE February 1, 2010.
Earlier KASE released news on January 19, 2010 "Combine for construction
materials and structures-2 (Kazakhstan) delays payment of 2nd coupon on
bonds KZ2P0Y03C772 (KSM2b1)" -
http://www.kase.kz/en/news/show/1093657
Currently fourteen companies listed on KASE informed of insolvency to fully
or partially comply with obligations on their bonds. The list of listing
companies, that admitted default on bonds, is available at the KASE website at
section "Issuers" ("default") at
http://www.kase.kz/en/emitters
KASE reminds in accordance with the internal document "Rules on Release of
Exchange Information" it does not assume responsibility for accuracy of the
information it spreads in regard of KASE members and issuers listed on KASE, if
such information is based on messages and documents, received from such
members and issuers in pursuance with their obligations before the Exchange. At
generation of such information KASE does not check accuracy of the messages
and documents. The person, willing to disprove the information released in this
message, must address to KASE with a corresponding official letter.
[2010-05-25]