Source: http://lsm.kz/nurbank-prodal-svoyu-chast-za-172-mln-tenge.html
JSC "Nurbank" reports that the news regarding the concluded auction was incorrectly interpreted by LS magazine representatives. As part of the second wave of privatization, an auction for the sale of the state-owned block of shares of JSC "Nurbank" was held on March 18, 2015. The state-owned block consists of preferred shares, totaling 25,652 shares (or 0.2386% of the total number of the Bank's issued shares), owned by the State Institution "Committee for State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan".
The auction was conducted using the English method, with an increase in price. The starting price of the lot was 155,964,160 KZT, the guarantee deposit was 60,105,662 KZT, and the sale price was 171,950,486 KZT. The auction took place, which means that a winner of the auction has been determined, but the transaction has not yet been completed. After determining the auction winner, a transaction will be concluded and the transfer of ownership rights to this block of shares will be registered, only after which the transaction will be considered completed.