OREANDA-NEWS. March 18, 2010. The Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations (FSA) presented Kazakhstan Stock Exchange (KASE) with a copy of resolution No. 31 of FSA Board "On suspension of placement of coupon uncollateralized bonds of ASIA AUTO, reported the press-centre of KASE.

FSA ruled:

Quotation begins

1. Suspend placement of coupon uncollateralized bonds of ASIA AUTO after the company failed to pay interest on the earlier coupons.

2. The resolution is effective after approval.

FSA informed - according to the second paragraph of item 2 of article 25 of the Law of the Republic of Kazakhstan "On Securities Market" registrar of ASIA AUTO, Kompania Registrator (Almaty), and Central Securities Depository (Almaty) must suspend registration of deals on placement of serial securities after the receipt of the ruling of on the suspension.