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Information about the reorganization of the RSE on REU at the Sarsen Amanzholov East Kazakhstan state University into the non-profit joint-stock company Sarsen Amanzholov East Kazakhstan University»

The Government decision of 11 October 2019 № 752 "On some issues of higher education of the Ministry of education and science of the Republic of Kazakhstan", the order of the Chairman of Committee of state property and privatization of Ministry of Finance of RK (further - MF RK CSPP) No. 304 of may 21, 2020 "About creation of the noncommercial joint-stock company " Sarsen Amanzholov East-Kazakhstan University " RSE on REU S. Amanzholov East Kazakhstan state reorganized into a nonprofit joint stock company (hereinafter - NCJSC, Society).

The founder of the company is the Government of the Republic of Kazakhstan represented by the state property and privatization Committee of the Ministry of Finance of the Republic of Kazakhstan.

The Ministry of education and science of the Republic of Kazakhstan is the authorized body in the relevant industry that exercises the right to own and use 100% of the state's shares in the Company.

The General management of the NCJSC is carried out by the Board of Directors (item 70, NCJSC Charter). By the decision of the Board of Directors at its first meeting, the quantitative composition and members of the management Board are approved (item 6, item 71 of the Charter of the NCJSC).

Regarding staff obligations in the field of labor relations article 47 of the Labor Code States that in case of reorganization of the employer's labor relations with employees continue without change, i.e., the reorganization does not involve the unconditional termination of the employment relationship. In accordance with articles 45 and 46 Of the civil Code of the Republic of Kazakhstan, when a legal entity is reorganized, all rights and obligations of the reorganized legal entity (rights and obligations, including property and non-property, staff, obligations, requirements) are transferred to the newly created legal entity.

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