Government of Kazakhstan to sign agreements with financial advisors - winners of "blue chips" state block offering tender

/IRBIS, Nov.24, 99/ - Today agency IRBIS, under the pressure of professional market participants' interests, tried to get any information from State property and privatization committee of the Ministry of Finance of Kazakhstan regarding the results of the tender for financial advisors who will determine strategic investors for four Kazakhstani companies: OJSC "Kazzinc", OJSC "UKTMK", JSC "Aktobemunaigaz" and OJSC "Mangistaumunaigaz". Unfortunately, authorized officials refused to give any information about the tender. Today vice-minister of finance of Kazakhstan Daniyar Abulgazin said at the press conference: "In this week we will sign agreements (with financial advisors - winners of the tender). We can not name them, since some changes may happen (among advisors)" (REUTERS). Mr. Abulgazin also said: "Three more "blue chips" are to come: Aliuminii Kazakhstana, Kazchrome, SSGPO. The tender was postponed due to a lawsuit abroad. By the beginning of next year, I hope, it will finish and then we will be able to conduct a tender for these enterprises". Vice-minister assumes that the tender for determining advisors on privatization of these enterprises will be held this year.