Article 72. Information on the Company's interest in making a transaction under the Law on Joint Stock Companies
The persons specified in paragraph 1 of Article 71 of this Law, in accordance with the procedure established by the company's charter, are required to inform the Board of Directors of the following information::
1) that they are a party to the transaction or participate in it as a representative or intermediary within three business days;
2) about the legal entities with which they are affiliated, including about legal entities in which they own, independently or jointly with their affiliated persons, ten or more percent of voting shares (stakes, units), and about legal entities in whose bodies they hold positions;
3) about transactions they are aware of or are considering, in which they may be recognized as interested parties.
The Law of the Republic of Kazakhstan dated May 13, 2003 No. 415.
This Law defines the legal status, procedure for the establishment, operation, reorganization and liquidation of a joint-stock company; the rights and obligations of shareholders, as well as measures to protect their rights and interests; the competence, procedure for the formation and functioning of the bodies of a joint-stock company; the powers, procedure for the election and responsibility of its officials.
President
Republic of Kazakhstan
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