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Sovereign Wealth Fund «Samruk-Kazyna» JSC

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Kazakhstan Engineering announces the sale of a number of assets

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16.03.2018 00:00

NC Kazakhstan Engineering JSC announces the holding of open two-stage competitive bidding for the sale of the following assets:

51% stake in Semipalatinsk Machine-Building Plant JSC, starting price - KZT 1 217 642 595;

51% stake in Tynys JSC, starting price – KZT 3 817 457 355;

50% stake in Kazakhstan aviation industry JSC, starting price – KZT 4 785 743 000.

Documentation and notices to the open two-stage competitive bidding are available at www.ke.kz.

The bidding applications are accepted from March 16, 2018 until April 30, 2018, 12:00 pm, Astana time.

The competitive bidding is to be held in accordance with the Unified Rules for the Sale and Restructuring of the Assets of Sovereign Wealth Fund Samruk-Kazyna JSC and organizations, fifty or more percent of shares of which directly or indirectly belong to Samruk-Kazyna JSC on the basis of ownership, approved by the Board of Directors of Samruk-Kazyna JSC and tender documentation, approved by the Board of Kazakhstan Engineering.

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