/KASE, January 5, 2025/ – "Caspiy" Commodity Exchange JSC (KASE ticker
– EXCS) reported the following:
quote
In accordance with the norms of the legislation of the Republic of Kazakhstan on
commodity exchanges, the authorized capital of a commodity exchange that
organizes trading in exchange goods must be at least 600,000 MCI, established
for the relevant financial year by the law of the Republic of Kazakhstan on the
republican budget, of which at least 300,000 MCI in the form of a minimum cash
balance in a special bank account of the commodity exchange.
Taking into account that for 2025 the MCI is set at 3,932 tenge and in
compliance with the requirement for the formation of the authorized capital of
"Caspiy" Commodity Exchange JSC, it has decided to issue its shares within the
number of authorized shares among an unlimited circle in order to bring them
into compliance with the requirements from January 1, 2025.
Taking into account the above, as of December 31, 2024, the size of the
Company's authorized capital after the increase amounted to 2,495,601,176
tenge, of which 1,179,601,176 tenge was formed in the form of a non-diminishing
cash balance.
quote
This information is posted at –
https://kase.kz/files/emitters/EXCS/excs_relizs_311224_2.pdf
[2025-01-05]