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Two potential buyers admitted to JSC corporation Kazahmys tender

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12:14 19.11.2001
text: "Kazakhstan Today"
views: [62]

Two potential buyers have been admitted to tender on sale of shares of JSCcorporation Kazahmys informs the Kazakhstan stock exchange (KASE).

As it is mentioned from the two members the clearing house of a stock exchange has received guarantee payments for participation in tender. The size of a guarantee payment makes 29 469 180 tenge.

As it was informed earlier, on November, 19 by committee of the state property and a privatization of RK Ministry of Finance a method of open tenders (the basic trading method of a stock exchange) will be used for 10% shares of corporation Kazahmys, which includes 491 153 simple registered shares of the company. The lot will be sold only to the legal entity residing in Kazakhstan. The financial tool in KASE trading system will be quoted in US dollars for the share to within the third mark after a point. Tender will be open at 11 30 am Almaty time and will last till 5 am. Payments for the bought shares should be made within two months from the date of the conclusion of the bargain. Crediting of shares to the deposit account of the buyer will be made only after receipt to the seller of the full sum of money subject for payment under the bargain.