The Head of the State Property Management Agency Reported on the Implementation of the Privatization Program
As the speaker noted, according to the program, the sale of 24 facilities is planned. Currently, 4 facilities have been successfully sold at electronic auction, with a total amount of 15 billion 415 million 803 thousand 339 soms:
1. The full package of shares of JSC "Alpha Telecom" (MegaCom) was sold for 14 billion 800 million soms.
2. 28.34% of shares in the authorized capital of LLC "Kapriz" were sold for 106 million 830 thousand 245 soms.
3. 70% of shares in the authorized capital of LLC "SK Resource" were sold for 41 million 750 thousand 94 soms.
4. Buildings and structures located at: Jalal-Abad, Toktogul St., 51 (previously owned by the National Security Service of Jalal-Abad region) were sold for 93 million soms.
In addition, based on decisions of the Cabinet of Ministers of the Kyrgyz Republic, a reorganization and transformation of several enterprises into open joint-stock companies occurred, while 100% of the shares remain in state ownership:
• According to the resolution dated July 14, 2024, No. 413, the state enterprise "Kyrgyzkomur" under the Ministry of Energy was transformed into OJSC "Kyrgyzkomur" with an authorized capital of 10 billion 757 million 477 thousand 900 soms.
• The state enterprise "Customs Infrastructure" under the State Customs Service was transformed into a property complex, retaining 100% of the shares in state ownership. The asset valuation amounts to 2 billion 279 million 381 thousand 437 soms.
• The state enterprise "Ala-Tuu Resort" under the Presidential Administration was transformed into OJSC "Ala-Tuu Resort", also with full retention of shares in state ownership, with asset value amounting to 2 billion 472 million 847 thousand 35 soms.
Furthermore, two facilities were included in the authorized capital of economic societies:
• Assets such as the former "Kerben" terminal, apron, land plot, navigational equipment, and special machinery were contributed to the authorized capital of OJSC "Manas International Airport".
Additionally, a tender was held for the valuation of 100% of the shares of JSC "Kumtor Operating Company" (for its inclusion in the authorized capital of OJSC "Kyrgyzaltyn"). A contract was signed with "Standard Group" for 357 thousand soms, and the valuation work is ongoing.
In conclusion, he added that in addition to the aforementioned facilities, 7 facilities were transferred to state bodies for use, 2 facilities were put up for auction several times without successful sale, and the privatization procedures for several other facilities have been suspended for various reasons.
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