Kyrgyzaltyn" list the dividends on shares in Centerra arrestThey think they'll have the situation resolved by december???
Kyrgyzaltyn" list the dividends on shares in Centerra arrested
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11.04.14 17:59
Nazgul Begalieva
The Board of Directors of Centerra Gold Inc. elect to transfer in the form of dividends to its shareholders by four cents per share. On this day, November 4, "VB" said the deputy chairman of the board of JSC "Kyrgyzaltyn" Kylychbek Shakirov.
According to him, 28 and 29 October in Toronto (Canada) was a meeting of the Board of Directors of the Canadian gold mining company. "Heard a report on the results of the company for the third quarter of this year. After discussion of the report on the decision to list the four cents per share in dividends," - said Shakirov.
He added that the members of the Board of Directors of Kyrgyzstan took part in the meetings of the committees of the Board.
Note earlier, October 14, the Supreme Court of Ontario (Canada) has seized 47 million shares of JSC "Kyrgyzaltyn" (the government's stake to 100%) in the Canadian gold mining company Centerra Gold Inc. at the request of the Canadian mining company Stans Energy Corp. Kyrgyzstan and the court decision "Kyrgyzaltyn" prohibited to sell, dispose of, exchange, assign and pledge encumbering 47 million shares in the company Centerra Gold, registered at "Kyrgyzaltyn". Shares "Kyrgyzaltyn" arrested for Stans Energy Corp. could get from the CD enforceable amount of $ 118 million.
Shakira, answering the question, "WB", noted that the dividends from the shares of JSC "Kyrgyzaltyn" for the third quarter of this year will go to the accounts of the company, but because of the arrest of their shares while it is impossible to obtain. "Today" Kyrgyzaltyn "petitioned the court to arrest the Ontario shares in Centerra. We hope that the issue will be resolved before December," - said Shakirov.
Note "Kyrgyzaltyn" has Centerra 77,4 million shares, hence the dividend for the third quarter of this year will receive $ 3.096 million.
Recall that in Centerra's board of directors includes three representatives of Kyrgyzstan: Kylychbek Shakira Kalyynur Sadyrov and Emil Orozbaev.