The government is set to increase the capital of ‘Ala-Too Resort’ by 500 million KGS, bringing it to 7.5 billion

The state will inject a further 500 million KGS into the authorised capital of OJSC ‘Ala-Too Resort’, which is implementing a project to build an all-season mountain resort complex. Following the additional share issue, the company’s capital will rise to 7.49 billion KGS. The sole shareholder of the company adopted the relevant resolution on 12 October.

According to information disclosed on the stock market, the funds have already been credited to the company’s bank account in accordance with the President’s decree of 15 May 2026. They will now be recorded as a state contribution to the authorised capital.

To this end, ‘Ala-Too Resort’ will issue 500,000 additional ordinary shares with a nominal value of 1,000 KGS each. All shares will be allocated to the sole shareholder – the state – which will retain full control over the company.

As a result, the company’s authorised capital will increase by 7.1 per cent – from 6.99 billion KGS to 7.49 billion KGS. The total number of shares following completion of the placement will be 7.49 million.

The additional capitalisation is intended to finance the project of national importance, the ‘Ala-Too Resort All-Season Mountain Cluster’.