/KASE, May 23, 14/ – Batys tranzit (Almaty), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press- release of May 22, 2014:
quote
Hereby Batys tranzit JSC (hereinafter – the Company) brings to knowledge of the
interested parties, that for purposes of improving the financial position in
particular, improving the quality of liabilities towards holders of the Company
bonds and Eurasian Development Bank the Company has finished implementing the
second stage of the "Post-crisis recovery program" (rehabilitation of
competitive enterprises) approved by Resolution No. 225 of the Government of
the Republic of Kazakhstan dated March 4, 2011 (hereinafter – the Program). A
result of the Program was signing of the subsidizing agreement on May 19, 2014
according to which the company intends to receive subsidies.
unquote
The full press-release is available on KASE website in Russian at
http://www.kase.kz/files/emitters/BTTR/bttr_reliz_220514.pdf
[2014-05-23]