Published
06/03/2026, 09:49Kikshering Central Asia, a company operating in the electric scooter rental market, will not pay dividends on common shares for the 2025 fiscal year. This decision was made at the annual general meeting of shareholders on May 28.
However, the company has not completely abandoned dividends. Shareholders approved the accrual and payment of dividends to holders of preferred shares. The amount has been set at the par value of the share—1 KGS per preferred share. Payments must be made no later than July 31.
Dividends will be transferred electronically to shareholders’ bank accounts. Holders of preferred shares listed in the registry as of April 28 are eligible to receive payments.
As for common shares, the company opted to retain a portion of the profits. This may signal that the business is betting on further growth.
In addition to the profit distribution issue, shareholders approved the 2025 financial statements and the 2026 annual budget, made amendments to the company’s charter, and decided to establish the position of internal auditor in place of an external auditor.
Kikshering Central Asia OJSC is one of the players in Kyrgyzstan’s micromobility market, developing short-term electric scooter rental services in the country’s major cities.
