28.8 percent of Kazakhtelecom's shares returned to state ownership — Government of Kazakhstan

Government of Kazakhstan adopted a resolution on certain issues of the Kazakhtelecom joint-stock company.

“Accept the offer of the private company Skyline Investment Company S.A. on the transfer of 2,671,481 ordinary shares of the Kazakhtelecom joint-stock company, constituting 24.95% of the authorized capital of the company, to the republican ownership under a donation agreement,” the text of the resolution says.

Also, Alatau Capital Investment LLP, under a donation agreement, transfers 413,412 ordinary shares of the company, constituting 3.85% of the company's authorized capital, into republican ownership.

This Resolution shall enter into force from the date of its signing.

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