Tashkent, Uzbekistan (UzDaily.com) -- Jasmin Gold Group will acquire 96% of the state-owned shares in the charter capital of Andijan Biochemical Plant for 101.3 billion soums. This was reported by the Agency for Management of State Assets.

The agency noted that an agreement has been reached on the privatization of the state-owned shares in the charter capital of Andijan Biochemical Plant CJSC.

According to the agency, Jasmin Gold Group LLC was declared the winner of the auction with a purchase price of 101.3 billion soums.

During the privatization process, ABRAU CAPITAL acted as a consultant.

The results of the enterprise privatization were approved by the relevant decision of the State Commission for Privatization of State Assets and Coordination of Privatization Processes.

In 2023, Andijan Biochemical Plant CJSC produced 1.0 million dal of alcohol. The net profit of the enterprise amounted to 10.1 billion soums, net assets - 71.5 billion soums, total liabilities - 17.3 billion soums.