On April 19, president Shavkat Mirziyoyev signed the Additional measures to reduce state participation in the economy Decree, the Agency for State Asset Management said.
The Decree approved a list of state-owned blocks of shares in 247 enterprises and 1,028 state-owned real estate that will be put up for auction.
Shares of 12 large enterprises will be placed on the Tashkent stock market as part of an initial public offering (IPO) and a secondary public offering (SPO):
- Uzbektelecom, Uzbekhydroenergo, Almalyk Mining and Metallurgical Plant, Uzbekgeologiyakidiruv, Uzbekgeofizika - 2% of shares each;
- UzEx - 2.4%;
- Temiryulkargo, Uztemiryulcontainer - 4% each;
- Tashkent Stock Exchange, Uzbekiston Pochtasi, UzAuto Motors Powertrain, organization of electronic online auctions - 5%.
