RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of August 1, 2022 No. 421

About transfer to the Department of Energy of the Kyrgyz Republic of the state blocks of shares of some joint-stock companies

For the purpose of effective management of state-owned property, conclusion from crisis of the specialized repair and construction companies with the state share fraction, according to article 2 of the Law of the Kyrgyz Republic "About joint-stock companies", No. 5, being guided the subitem 5 of Item 7 of the decision of the Security Council of the Kyrgyz Republic of November 26, 2021 by articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. To fund for management of state-owned property under the Ministry of Economy and Trade of the Kyrgyz Republic in accordance with the established procedure to transfer to the Department of Energy of the Kyrgyz Republic:

1) state block of shares of Naryngidroenergostroy open joint stock company;

2) state block of shares of Narynspetsgidroenergomontazh open joint stock company.

2. Bring in the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About questions of the Department of Energy of the Kyrgyz Republic" of November 15, 2021 No. 247 the following changes:

in Regulations on the Department of Energy of the Kyrgyz Republic approved by the above-stated resolution:

- the seventeenth the subitem 1 of Item 10 to state the paragraph in the following edition:

"-acts on behalf of the state as the body managing shares in "National Energy Holding Company" open joint stock company, Naryngidroenergostroy open joint stock company, Narynspetsgidroenergomontazh open joint stock company;";

- paragraphs the eighth, ninth Item 11 to state in the following edition:

"-make offers on candidates for election in governing bodies of "National Energy Holding Company" open joint stock company, Naryngidroenergostroy open joint stock company, Narynspetsgidroenergomontazh open joint stock company;

- act on behalf of the state as the shareholder in "National Energy Holding Company" open joint stock company, Naryngidroenergostroy open joint stock company, Narynspetsgidroenergomontazh open joint stock company;".

3. To impose control of execution of this resolution on management of control of execution of decisions of the President and the Presidential Administration Cabinet of Ministers of the Kyrgyz Republic.

4. This resolution becomes effective after ten days from the date of official publication.

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