OGCC KazStroyServise Board of Directors decides to pledge assets to ensure fulfillment of obligations on credit facility from Sberbank of Russia

02.07.15 10:56
/KASE, July 2, 15/ – OGCC KazStroyServise JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote JSC "OGCC KazStroyServise" notifies that its Board of Directors took a decision to pledge assets of the joint-stock company to the amount of five and more percent of its assets – money – to secure its obligations on the operational credit facility at Sberbank of Russia OJSC. Information on the pledge (re-pledge) of assets of the joint-stock company to the amountof five and more percent of its assets: 1) date of the decision to pledge (re-pledge) assets taken by the body of the joint-stock company: June 23, 2015 2) date of the pledge (re-pledge) of assets of the joint-stock company (agreement date) and the term of the asset pledge (re-pledge): from the date of conclusion and registration of the pledge agreement until January 30, 2019 3) value of the pledged (re-pledged) assets of the joint-stock company: money to the amount of KZT29,422,530,503 4) date of the most recent valuation of assets of the joint-stock company being pledged (re-pledged): not applicable 5) percentage ratio of assets being pledged (re-pledged) to the total value of assets of the joint-stock company: 18.273 % unquote [2015-07-02]