«Khabar»: «Samruk-Kazyna» JSC commission approves privatization of 15 companies
The commission on the sale of assets of the Kazakh Sovereign Wealth Fund «Samruk-Kazyna» within a comprehensive privatization plan gathered for its first meeting. The important issues on agenda are: the development of techniques for selecting appraisers, who will determine the initial value of the company for sale, as well as a comprehensive study of the object of sale.
Yelena Bakhmutova, Deputy Chairman of the Board of «Samruk-Kazyna» JSC:
-The starting price will be based on an independent assessment and then, under the rules of trading, an auction or electronic bids will begin.
The companies for sale are listed on the website of the Fund «Samruk-Kazyna» JSC. It provides the detailed passport data of all the assets. In order to get the full information please contact 8 7172 55 22 66, the hotline will be launched in the near future. The main rule of the program - maximum transparency in all its stages. 15 companies will be listed for sale in August.
Nurlan Rakhmetov, CFO - Member of the Board of «Samruk-Kazyna» JSC:
- One share will be sold to one buyer who gives the highest price.
The privatization program has been already launched. Two subsidiaries of the Fund «Kazakhstan Engineering» and «KazMunaiGas» have been sold, and the final cost exceeded the original twice. «Samruk Kazyna» plans to sell 64 enterprises till the end of the year.
Author: Liliya Shaimardanova, operator: Bauirzhan Syzdykov.