15% state stake in Vasilkov Gold sold for KZT 852 million

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19:39 16.08.2005
text: "Kazakhstan Today"
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Today, on 16 August during trades at Kazakhstan Stock Exchange (KASE), Kazakhstan Finance Ministry has sold the remaining 15% state stake in Vasilkov Gold for KZT 852 million to Dutch Floodgate Holding B.V., KZ-today reports.

As reported before, on 24 May, the Finance Ministry of Kazakhstan sold 20% state stake in Vasilkov Gold to Floodgate Holding B.V. As a result of today's tender, Floodgate Holding B.V. owns 80% of the enterprise's shares.

On 28 July, 5% state stake in Vasilkov gold has been sold for KZT 296,7 million. The buyer was undisclosed.

Translated by Nataliya Shirinskikh