«NC «Kazakhstan Temir Zholy» JSC sells 78.47% stake in «Kazakhstan Wagon Manufacturing Company» LLP, 51 stake in “Temir Zhol Electrification” at the Dutch electronic auction. The English electronic auction for the sale of 50% stake in “Astyk trans” JSC will also take place on the same day.

The starting price of 78.47% stake in «Kazakhstan Wagon Manufacturing Company» LLP is KZT 2 973 438 000, 51 stake in “Temir Zhol Electrification”LLP-KZT 40 529 000, 50% stake in “Astyk trans” JSC- KZT 5 200 000 000.

«Temir Zhol Electrification» LLP provides electrification of the railways. It is located in Astana.

«Kazakhstan Wagon Manufacturing Company» LLP manufactures freight cars. It is located in Pavlodar region.

«Astyk trans» JSC provides forwarding services for transportation of grain and other agricultural products. The enterprise is located in Astana.

It should be noted that the English and Dutch auctions for the sale of stakes in «Kazakhstan Wagon Manufacturing Company» LLP and “Temir Zhol Electrification”LLP scheduled for November 11 and November 21 respectively, could not take place.