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Auction for sale of MegaCom repeatedly failed

Auction for sale of MegaCom Company repeatedly failed. The head of the State Property Management Fund Bolsunbek Kazakov told 24.kg news agency.

According to him, no one applied for participation in the auction, which was to take place today at 3.00 pm. The commission met to draw up a protocol and to recognize the auction invalid.

The head of the State Property Management Fund can not answer so far whether another auction for the sale of the company will be announced.

The State Property Management Fund had put up MegaCom for auction three times, but no one applied for participation.

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