ERG CEO Acquires Almaty's Baysat Market for 24.7 Billion KZT
Summary
Kudrat Shamiyev, CEO of Eurasian Resources Group Kazakhstan, has acquired the Baysat commercial market in Almaty for 24.7 billion KZT.
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The Baysat market in Almaty, formerly owned by Kairat Satybaldy, has been acquired via an electronic auction. According to registry data, the asset was purchased by a firm incorporated just four months prior to the bidding.
The sole founder and executive of the acquiring entity is Kudrat Shamiyev, CEO of Eurasian Group (the Kazakhstan division of ERG). The auction concluded on August 7, 2026, on the Sauda digital trading platform, with the final transaction volume reaching 24,772,753,285 KZT.
Source: Kursiv
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