National company Food Contract Corporation intends to sell 100 % of KazMakta shares
27.06.14 11:04
/KASE, June 27, 14/ – National company "Food Contract Corporation" JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an
official letter informed KASE of the following:
quote
The Corporation sold 25+1 percent of shares of the Cotton contract corporation
to its subsidiary KazMakta.
In addition, in pursuance of item 2 of section "Transfer to the private sector
of assets of national managing holdings, national holdings, national companies"
of the Comprehensive Privatization Plan for 2014-2016, approved by resolution
No. 280 of the government of the Republic of Kazakhstan dated March 31, 2014,
the Corporation's Board of Directors took a decision to sell 100% of shares of
KazMakta by way of conducting tenders. Currently, terms of auction for selling
of 100% shares are approved. The auction date is July 15, 2014.
unquote
[2014-06-27]