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New Kavak national company established in Kyrgyzstan

Kavak National Company OJSC has been established in Kyrgyzstan. The relevant decision was signed by the Chairman of the Cabinet of Ministers Akylbek Japarov. Press service of the Cabinet of Ministers reported.

According to it, the company was established to organize effective system of development of Kara-Keche and Min-Kush fields.

«The State Property Management Fund was chosen as a founder of the joint stock company with a registered capital of 1 million soms,» the Cabinet of Ministers noted.

The Fund was instructed to approve the charter of the open joint stock company and register it with the judicial bodies, as well as ensure state registration of the founding issue of shares.

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