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Halyk Bank of Kazakhstan: the transfer of Kazkommerts-Life to Halyk-Life has been completed

Halyk Bank of Kazakhstan JSC reports that as of November 1, 2018, Halyk-Life JSC, a subsidiary life insurance company of Halyk Bank and KazkommertsLife JSC, a subsidiary of Kazkommertsbank JSC signed Act of Transfer, informs kase.kz.
Halyk Bank of Kazakhstan: the transfer of Kazkommerts-Life to Halyk-Life has been completed

The mentioned Transfer Deed is a legal registration of the fact of transfer of all property, rights and obligations of Kazkommerts-Life JSC to Halyk-Life JSC as part of the voluntary reorganization of Kazkommerts-Life JSC and Halyk-Life JSC in the form of a merger of Kazkommerts-Life JSC to Halyk-Life JSC, said the Kazakhstan Stock Exchange with reference to Halyk Bank of Kazakhstan.

In accordance with the decisions of the shareholders, 1,732,762 common shares of Halyk-Life JSC were placed among the shareholders of Kazkommerts-Life JSC in exchange for common shares of Kazkommerts-Life JSC.

Thus, the process of transferring all property, all rights and obligations of Kazkommerts-Life JSC to Halyk-Life JSC has been completed.

Source: https://kase.kz/ru/news/show/1387533/

Photos: LSM.kz, expertonline.kz/

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