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Kazakhstan: List of State-owned Assets to Be Restructured Published
Source: en.trend.az
Source Date: Monday, July 15, 2013
Focus: Institution and HR Management
Country: Kazakhstan
Created: Jul 16, 2013

Samruk-Kazyna Sovereign Wealth Fund together with such subsidiaries as "KazMunaiGas", "Kazatomprom", "Kazakhstan Temir Joly" and "Samruk-Energo" published a list of non-core assets to be restructured.

 

Currently, the plans for restructuring the non-core assets and facilities approved by the boards of directors of these companies are being implemented.

 

Among the assets to be restructured are non-core companies, educational and health centers, buildings and facilities belonging to "KazMunaiGas", "Kazatomprom", "Kazahtan Temir Joly" and "Samruk-Energo".

 

The bulk of non-core assets and facilities of subsidiaries are planned to be taken out through the liquidation, sales and mergers during 2013. In general, the plans cover the period up to late 2015.

 

The planned activities for the restructuring of non-core assets and facilities of Samruk-Kazyna's subsidiaries have been considered by the Board of Directors of Samruk-Kazyna Sovereign Wealth Fund on April 24, 2013.

 

The list of non-core assets and facilities to be restructured, indicating the kinds of activity and the date of implementation are available on the corporate websites of subsidiaries at the following links:

KazMunaiGas: http://kmg.kz/manufacturing/reports/noprof/

Kazatomprom: http://www.kazatomprom.kz/ru/#!/corporate-documents

Kazahtan Temir Joly: http://railways.kz/node/3392

Samruk-Energo: http://www.samruk-energy.kz/index.php?option=com_content&view=article&id=895&Itemid=237&lang=ru
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