The Company issued the bonds on the Astana International Exchange (AIX) of the Astana International Financial Centre. The issue was arranged by the Eurasian Development Bank (EDB). The volume of the issue amounts to 2 billion Russian roubles, the bonds maturity is to 21 months, the coupon rate is 8.0 % per annum. The bonds were listed on 15 March 2020. The entire volume of the issue was allocated on 16 March 2021 through an ‘exempt offer’. The proceeds from the bonds allocation are used to finance the Company’s investment projects.
On 31 March 2021, the Residential Complex ‘Bavaria’ was put into operation – stage 2 (property registration date: 22 May 2021).
On 29 April 2021, as part of the trust management of Karabatan Utility Solutions LLP, construction and installation works were completed for the External Water Supply project and the Certificate of Acceptance of the facility for operation was signed.
On 15 July 2021, the Company distributed dividends in the amount of 1,019,776,510.95 tenge as approved by resolution of the Sole Shareholder No. 20/21 dated 17 May 2021, in accordance with the Dividend Policy of Samruk-Kazyna JSC in relation to subsidiaries. The dividend per an ordinary share in the Company amounts to 62.76498 tenge.
Payment of coupon interest on bonds ISIN KZX000000633.
On 6 October 2021, Fitch Ratings changed the outlook on the Company’s rating from Stable to Positive, with affirming the Company’s Long-term Issuer Default Ratings in foreign and local currency at ‘BB’.
ACRA affirmed the credit rating of the Company on the international scale at BB+ with Stable outlook and affirmed the credit rating of SKKN Finance (LLC) bonds (RU000A102KF8) at A-(RU).
Business Plan for 2022–2026 of Samruk-Kazyna Construction JSC was approved.
On 9 November 2021, as part of the trust management of Karabatan Utility Solutions LLP, construction and installation works were completed on the project ‘Corridor of Utility Facilities’ and the Certificate of Acceptance of the facility for operation was signed.
On 28 December 2021, as part of the trust management of Karabatan Utility Solutions LLP, construction and installation works were completed for the project ‘Water Treatment’ and the Certificate of Acceptance of the facility for operation was signed.