The authorized capital of State Customs Infrastructure has been reduced to 2.11 billion KGS

The sole shareholder of OJSC State Customs Infrastructure approved changes to the company's authorized capital and the number of outstanding shares at an extraordinary general meeting held on December 16.

The meeting was held in person in Bishkek, with a quorum of 100%. The key issue on the agenda was the redistribution of assets included in the company's authorized capital, which led to its reduction.

In particular, the following was removed from the authorized capital:

• a land plot with an area of 80 acres, allocated from a plot of 15.155 hectares. This led to a reduction in the number of ordinary registered shares by 13,728;
• part of the fence at the Karatay VZTK, subject to demolition, with a further reduction in the number of shares by 5,574.

At the same time, the shareholder approved the inclusion of new property worth 13.978 million KGS on the balance sheet. After the re-registration procedure is completed, this asset will be considered separately in the context of a possible increase in the authorized capital.

Following the meeting, the updated amount of the authorized capital of OJSC State Customs Infrastructure was approved at 2 billion 113.8 million KGS. It is divided into 2.1 million ordinary registered shares with a par value of 1,000 KGS each.

In connection with the change in capital and the number of shares, the shareholder approved the introduction of corresponding amendments to the company's charter and instructed that re-registration be carried out with the judicial authorities.