Auction trading is a type of trading that https://e-qazyna.kz/ The auction will be held on the web portal. During the auction, participants will openly submit their bids.
The State Property Registry web portal (e-qazyna.kz) is an online resource that provides access to a database of properties and sellers owned by the state, quasi-state organizations, and individuals.
If no bidders have registered for the object being sold at the time the auction begins, the auction is deemed not to have taken place.
To participate in auction-style bidding, you must register on the e-qazyna.kz portal.
- Electronic signature for individuals: You must enter your personal identification number (TIN), first name (if applicable, patronymic).
- Electronic signature for legal entities: The BSN, full name of the company, and the name of the manager (if any) must be entered.
- To return the security deposit You must provide bank details.
- Contact details (address, phone, e-mail) must be indicated.
- Select the desired object for sale.
- Filling out the application and paying the guarantee fee:
- Select the participant's bank details from the system.
- Add details about transferring the guarantee fee to the auction organizer's account.
- Sign the application using electronic signature.
- Submit the application for review.
Starting price is the initial price of each item put up for sale.
One guarantee fee gives the right to participate in the auction and purchase only the object for which that guarantee fee was paid.
The management company was established in accordance with the Resolution of the Government of the Republic of Kazakhstan No. 824 dated September 21, 2023. Its main purpose is to manage, store and sell assets returned to the state in accordance with the Law "On the Return of Illegally Acquired Assets to the State" and other laws.
The returned assets will be sold through open electronic auctions on the E-Qazyna digital platform.
The main principle is maximum transparency and equal access for all potential buyers.
The management company held 611 auctions, 116 of which were successful, with some assets being sold for prices several times higher than the initial price.
The assets sold include real estate, movable property, jewelry, collectible coins, watches, and foreign assets. The total amount is 51,1 billion tenge.
Already, 38,3 billion tenge has been transferred to the Special State Fund, and another 14,1 billion tenge is planned to arrive soon.
All funds will be directed to financing socially significant projects in the country.
In addition, taking into account their social importance and national value, 31 assets with a total value of 27,8 billion tenge were transferred to state ownership. These include large land plots and unique cultural values.
According to the management company's financial statements for 2024 on returned assets, net profit amounted to 40,8 billion tenge.
Net profit is the final financial result of a company's activities for a certain period, that is, the amount remaining after deducting all expenses, taxes, and mandatory payments from all revenues.
The financial result was formed as a result of transactions and operations with assets (land plots, buildings, structures, shares in companies, jewelry and other property) taken to the balance sheet in the amount of 64,2 billion tenge. These assets were recognized as income and are reflected in the financial statements. In addition, as a result of management and the sale of part of them, funds in the amount of 12,9 billion tenge were directed to the Special State Fund.
In order to confirm the accuracy of accounting records, the management company conducts an external audit annually.
The audit is carried out in accordance with the requirements of the legislation and the company's Charter.
The audit organization was selected based on the lowest conditional price out of 28 proposals received through public procurement procedures (Order No. 418 of June 26, 2025).
Based on the audit results, the financial statements were approved by the Supervisory Board and approved by a decision of the individual participant (Order No. 438 dated July 3, 2025).
An independent valuation of returned assets is carried out by the party that transferred the asset in accordance with the Law of the Republic of Kazakhstan “On the Return of Illegally Acquired Assets to the State”. The valuation results are subject to mandatory examination by the Assets Return Committee under the Prosecutor General's Office.
Effective asset management is ensured by their implementation through open electronic trading. Trading is conducted on the state-owned E-Qazyna platform.
Other methods of using assets are considered only as a temporary measure, that is, to preserve their market value and prepare them for subsequent sale.
The appointment of heads of legal entities whose participating interests are transferred to the management company is carried out in accordance with the requirements of the labor legislation of the Republic of Kazakhstan, as well as the company's internal regulatory documents and regulations.
When training management personnel, the management company adheres to the principles of continuity, professionalism, and gradual career growth.
1. Wholesale and Retail Trade Center LLP (KBSO). This partnership is the owner of the Baisat trade market.
During the management period, 349,7 million tenge was transferred to the Special State Fund.
For reference: since the transfer to the management company, the partnership's income has increased from 225,0 million tenge to 413,4 million tenge, and the amount of taxes and other mandatory payments has increased more than 13 times, amounting to 324,2 million tenge.
As a result of the modernization work carried out, the number of retail outlets increased from 2,200 to 3,000.
An auction for the sale of the asset is planned to be held on November 18, 2025 on the E-Qazyna digital platform, the starting price is 28,639,882,000 tenge.
2. "Zharkent Su" LLP. The partnership carries out activities related to the collection, processing and distribution of household and drinking water in the territory of the "Nur Zholy" automobile checkpoint.
During the management period, 121,3 million tenge was transferred to the Special State Fund.
3. Tulpar LLP. The partnership provides services for uninterrupted heat supply, hot water supply, and operation of heating infrastructure facilities.
During the management period, 68,4 million tenge was transferred to the Special State Fund.
The Duman hotel complex was put up for electronic auction, but the auction was declared unsuccessful due to the lack of potential buyers.
In order to prevent the asset from being sold at a reduced price, the complex was under the management of the Management Company. During this period, the uninterrupted operation of the hotel was ensured, 157 jobs were preserved, contracts with tenants were extended, and dividends were paid. The hotel accommodated 426 guests from 37 countries as part of the World Nomad Games.
The sale of the hotel complex was carried out in July 2025 in full accordance with the legislation of the Republic of Kazakhstan and the rules for managing assets transferred to the Management Company - it was sold through an electronic purchase published on the Mitwork web portal of Otbasy Bank JSC (in accordance with subparagraph 8 of paragraph 64 of the Rules) at an estimated cost of 14,1 billion tenge. In addition, value added tax (VAT) in the amount of 1,6 billion tenge was transferred to the budget.
The chosen mechanism allowed the asset to be sold without a repeated auction and without reducing the initial price, which in turn ensured the maximum amount of funds flowing into the Special State Fund.
It should be recalled that the funds of the Special State Fund are directed to financing socially significant projects.
The management company has implemented a comprehensive system for preventing and managing conflicts of interest. This system covers situations where employees or their relatives may have contact with contractual partners (under leases, asset sales, and other agreements).
In order to prevent the emergence of corruption risks and undue influence, the following mechanisms are used:
The policy on identifying and managing conflicts of interest is mandatory for all employees. Employees are required to submit a declaration of potential conflicts of interest, including in the event of family relationships, and are not involved in decision-making in such cases.
Comprehensive verification of the reliability of contractors, employees and candidates is carried out on an ongoing basis.
This procedure is regulated by the Rules approved by the Order of the Director General No. 134-OD dated September 23, 2025 and includes checking the affiliation, business reputation, ultimate beneficiaries of counterparties, as well as the possibility of corruption and ethical risks.
The company has implemented and certified an anti-bribery management system in accordance with the international standard ISO 37001-2016. The effectiveness of this system was confirmed by an external certification audit and the corresponding certificate of compliance was issued.
The implemented system ensures constant monitoring, improvement of anti-corruption processes, and independent assessment of their effectiveness.