{"id":10293,"date":"2025-10-01T14:22:34","date_gmt":"2025-10-01T09:22:34","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/kazakhstan-mf-trade-is-buying-shares-in-three-projects-of-murad-nazarov\/"},"modified":"2025-10-01T14:22:34","modified_gmt":"2025-10-01T09:22:34","slug":"kazakhstan-mf-trade-is-buying-shares-in-three-projects-of-murad-nazarov","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/kazakhstan-mf-trade-is-buying-shares-in-three-projects-of-murad-nazarov\/","title":{"rendered":"Kazakhstan MF Trade is buying shares in three projects of Murad Nazarov"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>Transactions link foreign capital with a local major developer \u2014 in real estate \u2014 which can influence housing market strategy and the distribution of forces in the industry, especially in the residential construction segment.<\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>MF Trade will receive shares in <strong>Elsun Invest<\/strong>, <strong>NRG Yashnobod Stroy<\/strong>, and <strong>NRG High Project<\/strong> \u2014 companies operating in residential construction;<\/li>\n<li>The Committee analyzed the applications and believes that the transactions \u201cdo not directly affect the competitive environment\u201d \u2014 they were approved without restrictions;<\/li>\n<li><strong>Elsun Invest<\/strong> \u2014 authorized capital of 502.2 million soums; the largest shares belong to Abzal Batyrbay and Murad Nazarov;<\/li>\n<li><strong>NRG High Project<\/strong> \u2014 authorized capital of 122 million soums, owners \u2014 Nazarov and Batyrbay;<\/li>\n<li><strong>NRG Yashnobod Stroy<\/strong>, founded in 2023, has a charter capital of 3.99 billion soums (shares also belong to Nazarov, Batyrbay and other partners);<\/li>\n<li>MF Trade Limited was founded in Astana in August 2025, headed by Firdavs Muhammadkulov.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p>Transactions are part of the trend of cross-border investments in the region&#8217;s real estate sector. Murad Nazarov is already known as a major developer, and the participation of foreign partners can accelerate the financing of projects. <\/p>\n<p>The Competition Committee usually allows transactions if they do not lead to dominance or restrictions for other players.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uzbekistan Competition Committee approved the acquisition by Kazakhstan&#8217;s MF Trade Limited holding of shares in three companies affiliated with Murad Nazarov, believing that the transactions would not disrupt market competition.<\/p>\n","protected":false},"author":4,"featured_media":10265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/68dd1096417dd.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":10265,"YlB8HH34jIzY":"Kazakhstan MF Trade is buying shares in three projects of Murad Nazarov"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2455,2313,2143,3050,2543],"class_list":["post-10293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-competition-committee","tag-construction","tag-investments","tag-murad-nazarov-en","tag-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kazakhstan MF Trade is buying shares in three projects of Murad Nazarov &#8212; 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