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MegaCom put up for sale, reducing price by billion soms

The State Property Management Fund puts up MegaCom for sale for the third time. Starting bidding price fell by nearly 1 billion soms, the fund’s website reported.

It is noted that the starting price of the object is set to 13.5 billion soms. In the second competition, the company was sold for 14.2 billion. At the same time, there were no restrictions on the participation in the auction of non-residents of Kyrgyzstan, as well as residents of the country, having foreign legal entities and individuals as founders (participants) or affiliates.

Auction for sale of Alfa Telecom CJSC will be held on June 5.

Those wishing to participate in the auction in addition to the standard set of documents must pay guarantee fee of ten percent of the starting price of the company – 1, 350 billion soms.

Applications for participation are accepted till June 2, 5.00 pm.

Note, auction for the sale of Alfa Telecom had failed twice due to lack of bidders.