12th Jan 2007 11:48
JSC Halyk Savings Bank Kazakhstan12 January 2007 Resolutions passed at the General Shareholders Meeting of JSC Halyk Bank Kazakhstan held on December 20, 2006 JSC Halyk Bank Kazakhstan ("the Bank") is pleased to report the followingresolutions passed at the General Shareholders Meeting held on December 20,2006: 1. The General Shareholders Meeting approved amendments proposed by theBoard of Directors to the Charter, the Corporate Governance Code and the Termsof Reference of the Board of Directors by adopting these respective documents intheir new editions. The new Corporate Governance Code of the Bank will be submitted to the FinancialServices Authority of the United Kingdom in due course. The new Charter of the Bank will be submitted to the Financial ServicesAuthority of the United Kingdom immediately following its registration with theAgency of the Republic of Kazakhstan for Regulation and Supervision of FinancialOrganizations and Financial Market and the Ministry of Justice of Republic ofKazakhstan. 2. The General Shareholders Meeting resolved to keep the number Directorsand the composition of the Board of Directors of the Bank unchanged. The Bank continues to search for two more independent directors and will proposethe selected candidates for appointment to the Board of Directors to the GeneralShareholders Meeting in due course. Contact details Dauren Karabayev, Managing Director ([email protected]) 007 327 259 88 66 Ainur Ilyassova, Head of FI ([email protected]) 007 327 259 04 27 The Bank is one of Kazakhstan's leading financial services groups, with thelargest customer base and distribution network of any bank in Kazakhstan. TheBank is developing as a universal financial services group offering a broadrange of services (banking, pensions, insurance, leasing, brokerage and assetmanagement) to its retail, small and medium enterprise ("SME") and corporatecustomers. As at 30 September 2006 the Bank was the third largest bank inKazakhstan in terms of total assets. In December 2006 the Bank completed itsinitial public offering of 46,750,000 GDRs offered by JSC Holding Group Almex atUS$16.00 per GDR, each GDR representing four common shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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