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Regarding the sale of 100% of the common shares of JSC “832 Automobile Repair Plant KI”
The Decree of the Government of the Republic of Kazakhstan dated December 30, 2015 “On some issues of privatization for 2016-2020” provided for the transfer of 100% of the shares of JSC “832 Automobile Repair Plant KI” to a competitive environment.

The authorized bodies have determined the method of selling shares - an electronic auction.

The sale of shares was carried out in accordance with the Uniform Rules for the Sale of Assets of the Samruk-Kazyna National Welfare Fund JSC and the Regulations for conducting electronic auctions for the sale of property on the web portal of the state property register.

The trades were held from January 2015 to January 2017 and the shares were sold at 6 trades. All previous auctions were declared invalid due to the lack of participants.

Based on the results of the auction held on January 26, 2017, the shares of JSC 832 Automobile Repair Plant KI were sold to the winner of the electronic auction.

On February 2, 2017, the Share Purchase and Sale Agreement was concluded.

After the sale of shares, the Company was no longer a shareholder of JSC 832 Automobile Repair Plant KI and did not participate in its management.

According to NJSC “Government for Citizens” NJSC, on May 6, 2022, the termination of activities (liquidation) of JSC “832 Automobile Repair Plant KI” was registered.

We encourage media representatives, community groups and bloggers to check information before publication and clarify the position of all parties. The Company's management reserves the right to go to court to protect its business reputation against persons disseminating false information.

For any questions, please contact Kazakhstan Engineering by email: