KUVA sells the returned assets through electronic auctions on the E-QAZYNA web portal
16.11.2024 18:12:21 1815
The Asset Management Company uses transparent methods of asset management, strictly observing the Rules for Managing Assets transferred by the Management Company, approved by Order No. 1061 of the Deputy Prime Minister - Minister of Finance of the Republic of Kazakhstan dated October 5, 2023 (as amended on October 4, 2024). Assets received by the management company are subject to mandatory sale, except for the transfer of assets to state ownership.
At the same time, the following methods of asset management are defined:
1) property lease (lease);
2) transfer to trust management;
3) conservation;
4) implementation;
5) transfer of assets to state ownership;
6) other methods determined by the management company that do not contradict the legislation of the Republic of Kazakhstan and the legislation of the country where the asset is located, except for the gratuitous alienation of the asset and the transfer of the asset for free use.
Each decision is made individually, taking into account the characteristics of the asset and the market situation. The main thing is transparency and efficiency. To do this, assets are mainly sold through electronic auctions on the E-Qazyna web portal, where anyone can participate in auctions, creating fair competition.
Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/872172