BISHKEK, Kyrgyzstan, November 7. The Cabinet of
Ministers has amended Resolution No. 89 of February 29, 2024, to
extend temporary external management at Kum-Shagyl CJSC from
November 8, 2025, to February 8, 2026, Trend reports via the cabinet.
The extension was approved to address violations in subsoil
protection, environmental safety, and industrial safety, which were
deemed to pose risks to human life and health.
Under the amended resolution, the State Agency for State
Property Management has been tasked with submitting a candidate for
the temporary external manager and notifying relevant authorities
about the extension. Oversight of the implementation will be
carried out by the Presidential Administration.
The resolution enters into force on November 8, 2025.
Kum-Shagyl CJSC operates in sectors with high industrial and
environmental risks. The government’s extension of external
management reflects ongoing efforts to ensure compliance with
safety and environmental regulations, mitigate potential hazards,
and stabilize corporate governance during the corrective
period.
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