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National Managing
Holding "Baiterek"

The Sole Shareholder

The Sole Shareholder of the Holding is the Government of the Republic of Kazakhstan represented by the Committee for State Property and Privatization of the Republic of Kazakhstan.

On 26 June 2013 the rights of possession and use of the state stake in the Holding were transferred to the Ministry for Industry and New Technologies of the Republic of Kazakhstan.

On 27 November 2014 the rights of possession and use of the state stake in the Holding were transferred to the Ministry for Investments and Development of the Republic of Kazakhstan.

Therefore, the Ministry for Investments and Development of the Republic of Kazakhstan makes decision on issues which are referred to the competence of the Sole Shareholder by laws and the charter of the Holding, and the decisions are formalized with orders of the authorized officials of the Ministry for Investments and Development of the Republic of Kazakhstan.