Bayan Sulu announces pledging (re-pledging) KZT1.4 worth of assets

/KASE, October 19, 15/ – Bayan Sulu JSC (Kostanai), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote The information about pledging (re-pledging) of joint-stock company Bayan Sulu's assets to an amount making up five and more percent of the issuer assets: 1) date of the joint-stock company's body making a decision to pledge (re- pledge) the joint-stock company's assets – decision of Board of Directors of August 20, 2015, minutes No. 17; 2) date of pledging (re-pledging) of the joint-stock company's assets (conclusion of agreement) – October 13, 2015; – term of assets pledge (re-pledging): November 25, 2014 – November 25, 2015; June 9, 2014 – June 9, 2019; June 25, 2015 – June 25, 2025; 3) value of pledged (re-pledged) assets of the joint-stock company: KZT1,441,710,416; 4) date of the most recent appraisal of pledged (re-pledged) assets of the issuer: March 2, 2015; 5) percentage ratio of pledged (re-pledged) assets to the total value of assets of the joint-stock company – 7.2%. unquote [2015-10-19]