KMG sold Euro-Asia Air company within frameworks of privatization

KMG sold Euro-Asia Air company within frameworks of privatization

KazMunayGas (KMG) has sold Euro-Asia Air company within the frameworks of privatization program, reports the national company.

“100% shareholding of Euro-Asia Air company was sold into the competitive environment by KazMunayGas on November 8 2017. The buyer was selected within the frameworks of two stage tender,” reads the message.

The sale was conducted in compliance with single rules of sale, restructuring of assets by Samrruk-Kazyna SWF and organizations whose 50% of voting shares are owned by the fund.

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