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Kazakhstan Stock Exchange held the Issuer Day for KEGOC

On 28 September 2021 Kazakhstan Stock Exchange held the Issuer Day dedicated to the performance results of KEGOC for H1 2021.

During the event, which was held in the format of a video conference, Aibek Botabekov, a member of the Management Board of KEGOC, Managing Director for Finance and Accounting, informed the participants about the results of the Company's financial and economic activities for the reporting period.

The speaker also announced the decision of the Board of Directors of KEGOC to alienate, in accordance with the established order, into state ownership of 100% of the shares of Financial Settlement Centre for Renewable Energy Sources Support LLP owned by KEGOC.

At the same time, Aibek Toleubekovich noted that in accordance with the Charter of RFC for RES LLP, net income is not subject to distribution. Therefore, the alienation of RFC for RES LLP will not affect the amount of dividends paid to the shareholders of KEGOC.

During the video conference, the participants asked questions regarding existing investment projects, long-term plans for the construction of new facilities and sources of their financing, as well as issues of tariff setting and development of renewable energy sources.

Aibek Botabekov, Managing Director for Finance and Accounting of KEGOC, gave exhaustive answers to all these questions.


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