National company "Food Contract Corporation" imposed administrative sanction

22.01.15 16:01
/KASE, January 22, 15/ – National company "Food Contract Corporation" JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... the Corporation has committed an administrative violation taking the form of the Corporations' failure to meet requirements for the procedure and terms of disclosure of information on its activities, responsibility for which is provided for in article 199 of Kazakhstan's Administrative Violations Code. In this respect, based on a resolution of the National Bank of Republic of Kazakhstan on imposing an administrative sanction under the case of administrative violation of December 8, 2014, the Corporation paid an administrative penalty of 400 MCI, which made KZT740,800. unquote [2015-01-22]