Trades on sale of state block of shares of Mangistau DEC are postponed

/INTERFAX-KAZAKHSTAN, Astana, September 13, 05/ - Trades on sale of state block of shares of Mangistau distributing electricity company JSC, set on September 23, are postponed till later time. Information about new date of trades will be informed additionally, committee of state property and privatization of ministry of finance of Kazakhstan notes, published on Tuesday in official press. Initially trades on sale of state block of shares in the amount 93.78% from authorized capital of Mangistau distributing electricity company JSC were set on September 9, but later were postponed till September 23. As it was informed, on trades, which are assumed to be held as commercial 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 - 134.01/$1. According to terms of tender, buyer of state block should provide stable operation of the enterprise, to keep profile of its activity, and also to built transmission facilities, providing objects with power supply, as per development projects of Aktau ports and Kuryk on Caspian. [2005-09-13]