Imstalcon announces decision of Board of Directors

/KASE, December 2, 14/ – Imstalcon JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... in accordance with Charter of Imstalcon JSC on November 27, 2014 at 16:00 o'clock at 140 Aimanov street, room 58 a face to face meeting of the Board of Directors was conducted. The agenda of the meeting of the Board of Directors: 1. on participation of Imstalcon JSC in creation of limited liability partnership "Basalt-NPA" in city of Kapshagai, at 1 Industrialnaya street, with a share capital of KZT240,000. On the issue No. 1 of the Agenda: voted: "For" – 6 voices, "against" – none, "abstained" – none. A decision was taken on issue No. 1 on the Agenda: 1. Imstalcon JSC must take part in founding limited liability partnership "Basalt-NPA" in city of Kapshagai, at 1 Industrialnaya street, with a share capital of KZT240,000. Activities of "Basalt-NPA" LLP: production and sale of isolation plates and articles based on basalt. unquote [2014-12-02]