Baku, Azerbaijan, Oct. 5
By Elena Kosolapova - Trend:
The Kazakh Samruk-Energy JSC has announced about the putting up of 100 percent stake in Tegis Munay LLP and 100 percent stake of its subsidiary, Mangishlak Munay LLP, on e-auction, the press service of the Samruk-Kazyna Kazakh National Welfare Fund said Oct.5.
The bidding will be held through an open two-stage tender. The first stage will begin at 2 p.m. (GMT + 5 hours) October 27, 2015 at the following address: Kabanbay Batyr Ave., 15 A, Astana, Kazakhstan.
The starting value of the assets is 14 million tenge (271.05 tenge = $1).
The tender requires special conditions binding upon investors:
1. Ensuring the performance of obligation under the subsoil use contract of Mangishlak Munay LLP and the legislation of Kazakhstan in the sphere of subsoil use.
2. Maintaining the profile of the Tegis Munay LLP and Mangishlak Munay LLP.
3. Repayment of company's debts within the deadlines.
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