Trades on sale of state block of shares of Mangistau DEC are postponed till September 23

16.08.05 20:30
/INTERFAX-KAZAKHSTAN, Astana, August 16, 05/ - Trades on sale of state block of shares of Mangistau distribution electricity network company JSC are postponed till September 23 of the current year. Corresponding announcement of the committee of state property and privatization of the ministry of finance of Kazakhstan is published on Tuesday in official press. Earlier trades on sale of state block of shares in 93.78% from authorized capital of Mangistau distribution electricity network company JSC were appointed for September 9. These trades will be as a commercial tender. On tender 1 m. 452.277 th. shares are exhibited, starting price of the block - KZT8 bn. 208 m. 829 th., guarantee fee - KZT1 bn. 231 m. 324.350 th. Current rate - 135.05/$1. According to conditions of the tender, buyer of state block should provide stable operation of enterprise, to keep portfolio of its activity, and also to built line of electricity transmission, supplying objects with electricity, introduced according to development project of Aktau and Kuryk ports at Caspian. [2005-08-16]