JSC Samruk-Energo sells two assets

JSC Samruk-Energo sells two assets

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30 June 2016

On June 30, Samruk-Energo sold at the electronic auction the 90,0004% share in LLP Karagandagiproshakht & Co for KZT154 716 500 and 70% of LLP Shelek-28 for KZT121 000. Karagandagiproshakht & Co design open and subsurface mines in the Karaganda and Ekibastuz Coal Basins. LLP Shelek-28 is a project company for generation and distribution of renewable energy sources.

As reminder - Samruk-Kazyna implements the Complex Privatization Plan for 2016-2020, by which 216 assets must be sold.