Baiterek abandoned half of shares of Qarqyn Group eight months after purchase

Astana. June 26. KazTAG – Baiterek National Holding Holding JSC has  abandoned half of the shares of Qarqyn Group LLP eight months after the purchase.
“ Baiterek JSC (Astana) announced that from June 24, 2024, it ceased holding a 49.0% stake in the authorized capital of Qarqyn Group LLP,” the Kazakhstan Stock Exchange said in a statement.
In November 2023, Baiterek bought a 49% stake in Aventurine and Qarqyn Group. The first company is engaged in the cultivation of grains and legumes, including seed production, and the Qarqyn Group, based in the Kostanay region, is working on the rental and operation of rental properties.
Qarqyn Group is a young company. According to open data, it is about a year old and there is no information on tax payments.

Photo source: picture from an open source


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