ATFBank announces revocation of Doszhan Temir Zholy (DTZ) financial position analysis as of December 31, 2014

12.01.16 17:25
/KASE, January 12, 16/ – ATFBank JSC (Almaty, hereinafter – the Bank), the representative of holders of infrastructure bonds KZ2C0Y23B676 (KZ2C00000701, KASE official list, buffer category, DTJLb1) of Doszhan Temir Zholy (DTZ) JSC (Oskemen), has by an official letter informed KASE of the following: quote ... On the basis of the Agreement No. 2 of July 20, 2005 on the bondholders interests representation concluded between the Bank and Doszhan Temir Zholy (DTZ) JSC (hereinafter – the Issuer), the Bank announces that the issuer by its letter No. 891 of December 24, 2015 revoked its financial statements for the year ended December 31, 2014 previously provided to the Bank. In this regard, the Bank invalidates the analysis of financial statements of the Issuer, provided in the Bank's letter No.7-2/9609 on March 2, 2015. Upon the receipt from the Issuer by the Bank of new financial statements, the Bank will re-analyze its financial analysis which will be brought to the attention of bondholders. unquote On the basis of the letter of ATFBank JSC Doszhan Temir Zholy (DTZ) financial position analysis was removed from KASE website and is considered to be invalid. Earlier related news item of January 6, 2016 was "Doszhan Temir Zholy (DTZ) revokes company audit report for 2014" – http://www.kase.kz/en/news/show/1283348 [2016-01-12]