UzEx Extended Acceptance of Bids for SPO until November

The Agency for State Assets Management (AUGA) has announced an extension for accepting bids for the Secondary Public Offering (SPO) of the Uzbek Republican Commodity Exchange (UzEx) until November 8. This announcement was published on the agency’s portal.

The agency noted that they have received sufficient applications to purchase securities, and interest in these securities remains high.

The decision to postpone the deadline was influenced by the parliamentary elections in the republic, scheduled for October 27.

Initially, the collection of applications began in late September and was set to conclude on October 28. More than 3.2 mln common shares of the trading floor are available for sale, with the Kap Depo and Satori consortium serving as the underwriter for the deal.

Kursiv Uzbekistan also reports on the state-owned companies of Uzbekistan that are set to be listed for IPO and SPO.