Dutch electronic auction for the sale of “Embaokuortalygy” LLP fails

Dutch electronic auction for the sale of “Embaokuortalygy” LLP fails

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16 May 2017

The Dutch electronic auction for the sale of “Embaokuortalygy” LLP did not succeed because the number of participants registered was less than two at the time of bidding.

“Embaokuortalygy” LLP belongs to “KazMunaiGas” Exploration and Production” JSC.

The starting price - KZT 124 181 000.

The guarantee deposit fee amounts KZT 18 627 150.

“Embaokuortalygy” LLP provides training, advanced training of specialists in the field of industrial safety. The main clients of "Embaokuortalygy" LLP are oil and gas organizations. As of December 31, 2015, the authorized capital and undistributed profit of the company amounted to KZT 26,083 thousand and KZT 28,558 thousand, respectively. It is located in Atyrau.

The English electronic auction scheduled on April 20, did not succeed because the number of participants registered was less than two at the time of bidding.

The detailed information is available at www.gosreestr.kz.