UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) September 1, 2004
Commission File Number 000-28638
BMB MUNAI, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE 87-0250294
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(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) Number)
20A Kazibek Bi Street, Almaty, Kazakhstan
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(Address of principal executive offices)
480100
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(Zip Code)
+7 (3272) 58-85-17/47
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(Registrant's Executive Office Telephone Number)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
Item 5.03 Amendments to articles of incorporation or bylaws; change in fiscal
year
In accordance with Article VIII, Section 1 of the Bylaws and Article
Sixth of the Certificate of Incorporation, as amended, of BMB Munai, Inc., (the
"Company") and Section 109 of the General Corporation Law of the State of
Delaware, on September 1, 2004, the Board of Directors of BMB Munai, Inc., (the
"Company") adopted new Bylaws. The previous Bylaws of the Company were adopted
on February 15, 1994, and have not been amended or updated since that time. The
primary purpose in adopting new Bylaws was to update the Company's Bylaws to
more closely follow the General Corporation Law of the State of Delaware (the
"GCL"). In particular the new Bylaws provide for the staggering of the terms of
the Board of Directors in accordance with the GCL. The Bylaws also sets forth
new provisions for the nominating of directors and procedures to ensure that
shareholder proposals are properly addressed at the shareholder meetings.
The amendments to the Bylaws of the Company did not materially modify
the rights of the shareholders of the Company.
Item 9.01 Exhibit and Financial Statements
(a) Exhibits
3.01 Bylaw of BMB Munai, Inc. (As Amended through
September 1, 2004.)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
BMB MUNAI, INC.
Date: September 2, 2004 By: /s/ Alexandre Agaian
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Alexandre Agaian, President
Date: September 2, 2004 By: /s/ Gary Lerner
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Gary Lerner, Secretary
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