OREANDA-NEWS. On February 01, 2007 by the decision of Exchange's Council of Kazakhstan stock exchange (KASE) Rahat JSC, VITA JSC, Kedentransservice JSC, Ulbinskiy metallurgic plant JSC and Zhayremskiy ore mining and processing combine JSC were turned down in compliance of their requests to abolish the penalty sanctions (forfeits) for violation of the terms of providing KASE with the required information, set by the internal documents of KASE "Listing Rules" and listing contracts, reported the press-centre of KASE.

Let us remind you that the next companies were charged with penalty sanctions for violation of the terms of information disclosure:

- Rahat JSC - by the decision of Exchange's Council as of August 29, 07;

- VITA JSC - by the decisions of Exchange's Council as of July 26, 07, October 11, 07 and October 31, 07;

- Kedentransservice JSC - by the decision of Exchange's Council as of August 29, 07;

- Ulbinskiy metallurgic plant JSC - by the decision of Exchange's Council as of August 29, 07;

- Zhayremskiy ore mining and processing combine JSC - by the decision of Exchange's Council as of October 11, 07;

During year 2007, the Exchange's Council provided the specified listing companies with the additional terms of information disclosure. The forfeits, charged by KASE to the listing companies, have not been paid by them up to present time (Zhayremskiy ore mining and processing combine JSC paid only one of the forfeits charged).

It was also decided by the Exchange's Council not to consider similar requests from the initiators of access henceforth regardless of the reasons that had lead to the violation of KASE requirements on information disclosure.