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ABOUT PRIVATIZATION OF JSC "EK REC"

The resolution of the Government  the Republic of Kazakhstan from December 30, 2015 №1141 "On some issues of privatization for 2016-2020" (hereinafter - The decision) provides for the transfer to the competitive environment of the group companies "Samruk-Energo".

Pursuant to the Decision of JSC "National welfare Fund "Samruk-Kazyna" approved the list of major subsidiaries and dependent companies JSC "Samruk-Kazyna", which has socio-economic importance, possession and (or) use and (or) disposal of which will influence the state of national security the Republic of Kazakhstan to be transferred to the competitive environment in the priority order (List No. 1) as well as the list proposed for transfer to the competitive environment (List No. 2).

Disposal of assets is carried out in accordance with the policy implementation, the restructuring of assets  JSC "National welfare Fund "Samruk-Kazyna" and organizations, more than fifty percent of voting shares (participation shares) which directly or indirectly belong to "Samruk-Kazyna" the right ownership (hereinafter – the Rules).

JSC "EK REC" is included in the List No. 1, the implementation which will be carried out in accordance with the Rules with the assistance of independent consultants to evaluate the cost, methods and terms  realization of assets.

To obtain the most complete access to financial and other documents of the companies to be sold in a competitive environment needs to access an electronic database documents, which are posted in a virtual data room (data room). To gain access to the electronic database documents necessary to conclude a confidentiality agreement with JSC "Samruk-Energo", to get a username and password to log in to a virtual data room.

Additional information can be obtained by phone: 8 (7172) 55 31 34; 8 (7172) 55 30 47.