Samruk-Energy JSC to display the first objects for the auction in May 2016

Samruk-Energy JSC to display the first objects for the auction in May 2016

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11 April 2016

The Sovereign Wealth Fund “Samruk-Kazyna” JSC lays the possibility of reducing the price of some energy objects up to 50%, as part of the second wave of privatization. It was announced by the Deputy Chairman of the Board of JSC "Samruk-Energy" Kairat Maksutov in an exclusive interview with “Astana”.
Kairat Maksutov, Deputy Chairman of the Board of JSC "Samruk-Energy": “There are common rules that assume that the List of objects #2, small objects for privatization require immediate removal to electronic auctions, where the first auction will be held according to English method and the second auction will implement Dutch method with 50% reduction. In other words, our shareholder assumes that this reduction may occur in the context of electronic trading”.
According to Maksutov, small objects that are currently under the control of "Samruk-Energy" will be displayed for sale in May 2016.

Source: Astana TV