​Auctions for sale of “832 Auto repair plant KE” JSC and “Instrument-Producing Plant “Omega” JSC could not take place

​Auctions for sale of “832 Auto repair plant KE” JSC and “Instrument-Producing Plant “Omega” JSC could not take place

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27 December 2016

The English electronic auction for the sale of 98.56% shares of “Instrument-Producing Plant “Omega” JSC did not take place because less than two potential bidders registered for participation. The Dutch electronic auction for the sale of 100% shares of “832 Auto repair plant KE” JSC could not succeed by the same reason.

The starting price of 98.56% shares of “Instrument-Producing Plant “Omega” JSC is KZT 1 469 475 000, 100% shares of “832 Auto repair plant KE” JSC-KZT 329 994 000.

The assets belong to NC “Kazakhstan Engineering” JSC group.

“Instrument-Producing Plant “Omega” JSC produces equipment for the railway industry, marine desalination systems, telecommunications, medical and military equipments, generators for the oil and gas industry. It is located in Uralsk.

“832 Auto repair plant KE” JSC manufactures defense and civil products, repairs automotive, and tracked vehicles. It is located in Almaty.

It should be noted that the English electronic auction for the sale of 100% shares of “832 Auto repair plant KE” JSC scheduled for November 24 did not take place because less than two potential bidders registered for participation.