Results of competition on purchasing of broker's services on selling of state block of shares of UKTMC OJSC (Kazakhstan) at stock exchange have been summed up

/IRBIS, August 27, 02/ - The committee of state property and privatization of the ministry of finance of Kazakhstan has summed up results of competition on purchasing of broker's services on selling of state block of shares of Ust- Kamenogorsk titanium-magnesium combine OJSC (UKTMC OJSC, Ust- Kamenogorsk) at stock exchange, says the message of the Ministry of finance, which was published in "Kazakhstanskaya pravda". KIB ASSET MANAGEMENT Ltd. LLP (Almaty) has been recognized as the winner of the competition, which had been announced on June 21 of 2002. Commission fee of broker - seller for selling of the state block of shares of UKTMC OJSC equals to 0.089% of deal's amount, including all expenses concerned with its realization. As it was informed before, the Ministry of finance intends to sell state blocks of shares in the amount of 15.5% of the authorized capital of UKTMC OJSC. [2002-08-27]