The Financial Market Regulation registered the initial public offering of shares of OJSC Ala-Too Resort

In the second week of February, from February 9 to 13, the Financial Market Regulation and Supervision Service registered the initial issue of ordinary registered shares of Ala-Too Resort OJSC. The decision was made against the backdrop of the company's completed reorganization.

The parameters of the upcoming share issue are not disclosed.

According to state registration data, the project was initially registered as a state-owned enterprise, Ala-Too Resort, under the Administration of the President of the Kyrgyz Republic. The initial registration of the state-owned enterprise took place on June 13, 2024.

In January 2026, its activities were terminated, with the corresponding entry dated January 16, 2026.

On the same day, Ala-Too Resort Open Joint Stock Company was registered with a new organizational and legal form. The founder of the company is the Cabinet of Ministers.

According to the company, the reorganization was carried out in accordance with a resolution of the Cabinet of Ministers and is aimed at accelerating the implementation of a strategic project to create the Ala-Too Resort all-season mountain cluster. The transformation into an open joint-stock company creates a more transparent and sustainable management model, laying the foundation for attracting investment.

The Ala-Too Resort project involves the creation of a large-scale ski cluster in the Issyk-Kul region with the development of the Zhyrgalan, Ak Bulak, and Boz Uchuk areas.

In addition to Ala-Too Resort, Finnadzor registered the initial public offering of Vog CJSC, as well as the results of the offerings of Belen Group CJSC, Abiyir Finance Microfinance Company OJSC, and Airports of Kyrgyzstan CJSC.