Shares of Air-Vessel Repairs and Maintenance Plants of the JSC Kazakhstan Engineering not sold

Shares of Air-Vessel Repairs and Maintenance Plants of the JSC Kazakhstan Engineering not sold

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31 August 2016

Electronic price-rise auctions for sales of 2.67% of shares of Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N405 and 3.99% of shares of Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N4056 of Civil Aviation planned to take place on 31 August were called-off for the fact that as at the time of start of auctions there were less than two (2) bidders enlisted.

Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N405 start price was KZT126 899 000.  Start price of Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N406 of Civil Aviation comprised KZT54 873 000.

The above mentioned two plants are assets of the Joint-Stock Company Kazakhstan Engineering.  Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N405 is located in Almaty.  The plant is capable of delivering repairs and maintenance services to rotary-wing air vesselsseries Ми-8, Ми-8МТ/Ми-17, Ми8МТВ-1/Ми-17-1В. 

Joint-Stock Company Air-Vessel Repairs and Maintenance Plant N406 of Civil Aviation is located in Aktobe.  The plant repairs fixed-wing air vessels series АН-2, engines series АШ-62, rotary-wing air vessels series Ми-2, engines series ГТД-350, reducers series ВР-2, fixed-wing air vessels Як-18Т and engines М-14П.