Privatization of state-owned stakes will get through the Kyrgyzstan stock exchange for the first time in years, one of the Bishkek finance companies said.

The Kyrgyz Stock Exchange officially informed about the auction sale of three companies’ state-owned stakes to run on October 30, 2009.

The Bulgary Company has put up 703 or 0.18 percent of its shares for sale, with a starting price of 46.23 soms per share. Thereto, the whole holding will be sold no less than for 32,500 thousand soms.

The Orgtechstroy Company plans to trde 2.56 percent of the total amount of shares. At least 21.30 thousand securities will be sold for no less than 999.4 thousand soms, i.e. 47.52 soms each.

The BASO Company will be the third enterprise to privatize its state-owned stake through the stock exchange. The number of listed for sale shares comes to 163 that is 0.37 percent of the total amount. The starting price of one share is 369.84 soms, while the minimum price for the whole holding amounts to 60,284 thousand soms.