Kulibayev: Almex Holding Will Not Pay Dividends for 2024
Photo: Wikimedia Commons, OGL v1.0
Almex Holding Group, a key asset of Timur and Dinara Kulibayev, will not distribute dividends for 2024, Orda.kz reports, citing the Financial Statements Depository.
A document published on the depository’s website on June 16 states that the holders of 22.73 million voting shares have decided not to allocate profits from the previous year and will not issue dividend payments.
Through Almex, the Kulibayevs control a 69.7% stake in Halyk Bank, one of their main and most profitable assets. Almex also did not pay dividends for 2023.
To estimate the scale of potential payouts, the last known dividend from Almex was in March 2024, when nearly 89 billion tenge was distributed.
Previously, it was reported that another company linked to Timur Kulibayev, JSC Caspian Oil, also chose not to issue dividends for the second consecutive year.
Original Author: Nikita Drobny
Latest news
- Kazakhstan Cancels Exam Results For More Than 700 University Applicants
- Astana LRT Operator Looks For Funding In China
- Smoke From Russian Wildfires Reaches Eastern Kazakhstan
- Kazakhstan Offers EU A Broader Partnership In Eurasia
- Oil Leak Reported In Caspian Sea Near Azerbaijan Coast
- Kazakhstan To Build 250 Roadside Service Stations For 180 Billion Tenge
- Police Chase With Kazakh Driver In Phuket Ends In Crash And Injuries
- Foreigners Moving To Kazakhstan Are Choosing Big Cities Over Most Regions
- Turkestan Region Leads Kazakhstan In Twin Births
- From Grain To AI: What Kazakhstan Brought To Afghanistan
- Helicopters Drop 39 Tons Of Water On Forest Fire In East Kazakhstan
- Kazakhstan Tightens Border Checks Despite Saying There Is No Fuel Shortage
- Kazakhstan Seeks Greek Investment In Energy And Transport
- Global Rating Agency Confirms Kazakhstan’s Investment-Grade Status
- Kazakh Company Sent $16 Million To China, Got No Goods And A Huge Fine
- Kazakh Parties Are Losing Focus With Overly Broad Programs, Expert Says
- Almaty Man Registered 990 People In One-Room Apartment And Received Sentence
- Montenegro President Makes First Official Visit To Kazakhstan
- Gas Prices In Kazakhstan To Rise From July 1
- Kazakhstan’s Oldest Gold Mining Company Resold For 8.7 Billion Tenge
