Sovereign Wealth Fund «Samruk-Kazyna» JSC


Samruk-Kazyna disposed of 131 subsidiaries as of October 31

06.11.2017 00:00
By October 31, 2017, Samruk-Kazyna disposed of 131 subsidiaries, 59 of which were sold. The revenue from the sold assets totaled KZT 95.7 billion, Dauren Tasmagambetov, head of the Department for Privatization and Assets Restructuring, said In the third quarter of this year, the Fund sold three large assets: Aktobe CHP, East Kazakhstan Regional Energy Company JSC and Mangistau Regional Energy Company. "Totally, we received a robust increase in the value of initial cost – an average of 22.5 percent," the head of the Department noted. In general, in terms of all assets sold, the Fund earned 9% of revenue in excess of what was planned for the sale of assets.
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