Mission
is to promote sustainable economic growth in Kazakhstan by attracting direct investment and supporting projects that contribute to the modernization and competitiveness of key industries.
is an international player in the private equity market with a stable and progressive portfolio of projects and an extensive network of investment partners, striving to introduce the concept of responsible investment, innovation and increase cross–country investment flows
Vision
Sole Shareholder
Baiterek National Managing Holding JSC is the Sole Shareholder of QIC.
The mission of NMH Baiterek JSC is to promote sustainable economic growth in the Republic of Kazakhstan by supporting the production of Kazakhstani goods and services, modernizing infrastructure and strengthening food security based on the principles of responsibility to society.
The main strategic directions of Baiterek Holding's activities:
- Support for entrepreneurship;
- Development of the equity financing ecosystem;
- Providing the population with housing.
The key decisions to be taken by Baiterek Holding as a Sole Shareholder regarding QIC’s activities are:
- approval of QIC’s Charter and amendments thereto;
- election and dismissal of the members of QIC’s Board of Directors;
- approval of annual financial statements and annual reports of QIC;
- approval of dividends amount;
- resolutions on QIC’s participation in the creation of legal entities, investment funds, or withdrawal of members (shareholders) of legal entities, investment funds by transferring (receiving) part of the assets of twenty-five or more percent of the total value of all assets owned by QIC.
Dividend policy
Terms and conditions of dividends payment to the Sole Shareholder are regulated by current laws of the Republic of Kazakhstan, QIC Charter, and relevant decisions of the Sole Shareholder of QIC.
Authorized capital structure
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The authorized capital amounts to KZT 197 bln.
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Number and type of registered (declared) shares – 55,000,000 ordinary shares.
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The number of declared but not placed shares - 1,414,997 ordinary shares.
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The number of placed shares - 53,585,003 ordinary shares.
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The nominal value per one share (when paid by the founders) - KZT 1,000 (one thousand).
Rights attached to shares:
The right to make decisions on all items submitted for consideration by the Sole Shareholder in accordance with the Laws "On Joint-Stock Companies", "On Securities Market" and "On State Property";
The right to receive dividends if QIC has net income;
The right to receive QIC's property upon its liquidation in accordance with the procedure established by the legislation of the Republic of Kazakhstan.
