Kazakhstan - 04

Kazakhstan: Latest Analysis KMG Streamlines Corporate Structure

Last week KMG CEO Sauat Mynbayev announced that the company is transforming its subsidiaries in order to reduce red tape. These reforms have been discussed for over two years but concrete details are only now emerging. Mynbayev said the company is planning to convert some of its subsidiaries to limited liability partnerships (LLPs) and pass all major decision-making power to KMG’s board and Unified Service Center (USC).


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