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Privatization:
1) Information about assets and objects
- "KazAgroFinance" JSC
- "KazAgroProduct" JSC
- "Kazagromarketing" JSC
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ACTION PLAN FOR TRANSFER TO COMPETITIVE ENVIRONMENT
Item | Action | Responsible | Completion form | Planned date | Actual date | |
1. | Establishment of Project office of "KazAgro" for transfer of subsidiary companies to competitive environment | "KazAgro" JSC | Decision of Executive Board | May 2016 | May 2016 | |
2. | Attraction of independent consultant for consulting support pf the process of transfer of subsidiary companies to competitive environment | "KazAgro" JSC | Agreement with independent consultant | November 2016 | November 2016 | |
3. | Conduction of operational and financial analysis, development of recommendations for pre-sale preparation of "Kazagromarketing" by independent consultant | "KazAgro" JSC | Report of independent consultant | January 2017 | - | |
4. | Approval of road map for pre-sale preparation of "Kazagromarketing" JSC for consideration of authorized body of "KazAgro" Holding" JSC | "KazAgro" JSC | Decision of authorized body | February 2017 | - | |
5. | Making proposals for pre-sale preparation of "Kazagromarketing" JSC to consideration of the State committee for economy modernization at the Government of the Republic of Kazakhstan | Ministry of national economy, Ministry of agriculture, "KazAgro" JSC | Protocol of the meeting of the State committee | March 2017 | - | |
6. | Implementation of actions for pre-sale preparation of "Kazagromarketing" JSC | "KazAgro" JSC, "KAM" JSC | Decisions of authorized bodies of the companies | June 2017 | - | |
7. | Adoption of the Decree of the Government of RK with decision on company's sale - method of realization will be determined by consultant | Ministry of agriculture, Ministry of national economy, "KazAgro" JSC | Decree of the Government of RK | July 2017 | - | |
8. | Assessment of market cost of shares of "Kazagromarketing" JSC | "KazAgro" JSC | Report on assessment | August 2017 | - | |
9. | Bidding | "KazAgro" JSC, Ministry of finance | Announcement on sale | October 2017 | - | |
10. | Completion of transaction to sale the shares of "Kazagromarketing" JSC or start of liquidation procedures if buyer is absent | "KazAgro" JSC, Ministry of agriculture, Ministry of finance | Agreement on shares sale | December 2017 | - |