ATFBank monitored Doszhan Temir Zholy (DTZ) project implementation on construction and exploitation of the railway line "Station Shar - Ust-Kamenogorsk"

22.01.09 17:24
/KASE, January 22, 09/ - ATF Bank (Almaty), acting on behalf of holders of infrastructural bonds KZ2CKY23B672 (KASE official list, the second subcategory of "Non-rated Debt Securities", DTJLb1; KZT1,000, KZT30.0 bn; August 2, 05 - August 2, 28, the annual coupon indexed on the inflation rate, 19.95 % APR for the current coupon period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty), informed KASE by the official letter that on December 2008 ATFBank monitored the timeliness and quality of the project implementation on construction and exploitation of the railway line "Station Shar - Ust- Kamenogorsk". The this project implementation monitoring results are available on KASE website at http://www.kase.kz/files/emitters/DTJL/dtjl_atfb_reliz_220109.pdf We remind that mentioned infrastructural bonds were issued by Doszhan Temir Zholy (DTZ) to receive fund for this project implementation. The mentioned bonds were defaulted in payment of interest for the third coupon period (from August 2, 2007 to August 2, 2008). At present KASE does not have any information on regulation of this debt. Below are references to documents on this topic: - KASE news of January 14, 2009 "ATF Bank continues holders advocacy of bonds KZ2CKY23B672 (DTJLb1) of Doszhan Temir Zholy (DTZ)"" - http://www.kase.kz/en/news/show/1064423 - KASE news of December 26, 2008 "Doszhan Temir Zholy (DTZ) (Kazakhstan) informed KASE on the coupon interest payment on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/en/news/show/1063370 - KASE news of December 11, 2008 "MBEP informs on monitoring of technical default on bonds of Doszhan Temir Zholy (KZ2CKY23B672, DTJLb1)" - http://www.kase.kz/en/news/show/1062464 - KASE news of December 4, 2008 "АО "ATFBank provided to KASE the action plan of Doszhan Temir Zholy (DTZ) (Kazakhstan) on repayment of debt to holders of bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/en/news/show/1061946 - letter of Doszhan Temir Zholy (DTZ) of November 14, 2008 # 445 - http://www.kase.kz/files/mix/dtjl_letter_141108.pdf - KASE news of September 26, 2008 "Doszhan Temir Zholy (DTZ) (Kazakhstan) provides KASE with explanations on default on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/en/news/show/1057043 - KASE news of August 18, 2008 "ATFBank informs on default of Doszhan Temir Zholy (DTZ) (Kazakhstan) on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/en/news/show/1054421 - KASE news of July 28, 2008 "ATFBank informs on temporary money deficiency in Doszhan Temir Zholy (DTZ) for the couponinterest payment on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/en/news/show/1053011 We remind that except Doszhan Temir Zholy (DTZ) four more listed companies of KASE, whose securities at present are included into the exchange official list, informed on inability to fully or partially fulfill obligations to bonds holders on coupon payment. These companies are: - Almaty distillery plant (Almaty) - on bonds KZ2C0Y05C523 (KASE official list, the second subcategory of "Non-rated Debt Securities" category, ALVZb1, KZT1,000; KZT2.0 bn.; May 4, 07 - May 4, 12; the semi-annual coupon indexed on the inflation rate, 13.00 % APR for the reporting period, 30/360) for the period of May 4 - November 4, 2008; - ISKE SAT COMPANY (Almaty) - on bonds KZ2C0Y07C321 (KASE official list, the second subcategory of "Non-rated Debt Securities", ISKEb1; KZT1,000, KZT1.0 bn.; December 15, 06 - December 15, 13, the semi- annual coupon 10.00 % APR; 30/360) for the period of June 15 - December 15, 2008; - Transstroimost (Almaty Region) - on bonds KZ2CKY05B950 (KASE official list, the first subcategory of "Non-rated Debt Securities", TSSMb1; KZT100, KZT5.0 bn.; April 6, 06 - April 5, 11, the semi-annual coupon indexed on the inflation rate, 12.00 % APR for the reporting period) for the period of April 6 - October 6, 2008; - REMIX-R (Almaty) - on bonds KZ2C0Y05C762 (KASE official list, the second subcategory of "Non-rated Debt Securities", RMXRb1; KZT1,000, KZT2.0 bn.; December 29, 07 - December 29, 12, the semi-annual coupon 12.00 % APR) for the period from June 29 to December 29, 2008. KASE reminds that in compliance with the Exchange internal document "Rules of Exchange Information Dissemination", KASE is not responsible for authenticity of disseminated information on the Exchange members and securities issuers, admitted to circulation on the Exchange, if this information is based on messages and documents received by the Exchange from these members and securities issuers in pursuance of their obligations to the Exchange. KASE does not validate the mentioned messages and documents when developing this information. Individuals, willing to refute the information, published in this message, must apply to KASE by a corresponding official letter. [2009-01-22]