Forpost informs about approval by authorized body of transfer of 100% stake in the company in favor of BASS Holding

20.09.23 16:40
/KASE, September 20, 2023/ – Forpost LLP (Ulytau region), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated September 20, 2023: quote Hereby Forpost LLP (hereinafter referred to as the Partnership) informs that the Ministry of Industry and Construction of the Republic of Kazakhstan has approved the transfer of the 100 (one hundred) stake in the authorized capital of Forpost LLP owned by Ch. Sadvakassov (50%) and Y. Tasbulatov (50%) in favor of BASS Holding LLP. We note that stakes in the authorized capital of BASS Holding LLP also belong to Ch. Sadvakassov and Y. Tasbulatov in equal parts. Thus, we confirm our commitment to the best standards of corporate governance in order to ensure transparency of decisions made and openness to investors and partners of the BASS Holding group of companies. unquote The complete press release is available on – https://kase.kz/files/emitters/FPST/fpst_relizs_200923.pdf [2023-09-20]