UzPost shareholders decided not to approve the attraction of a loan amounting to 100 billion soums from the company Wb int export. All participants in the vote on this issue abstained.
At the same general meeting, a new composition of the supervisory board was approved. It included five representatives from the structures of Wildberries & Russ. Among the new members of the board are Akmal Primkulov, CEO of Wb int export, as well as Evgeny Mitin, Director of the Investment and Control Department of RVB; Emil Khasyanov, Deputy Director of the Legal Department of RVB; Pavel Logunov, CFO of RVB; and Alexander Khmelev, Director of the Regional Development Management Department of "WB Bank".
In addition, Oleg Pekos, First Deputy Minister of Digital Technologies; Shakhzod Usarov, Specialist of the Audit Chamber; Muzzafar Astonakulov, Head of the Department of the Ministry of Economy and Finance; and independent member Roger Crook were included in the supervisory board.
The powers of the previous composition of the supervisory board were prematurely terminated by decision of all attending shareholders. Regarding the loan, the draft resolution provided for the provision of funds at the Central Bank's refinancing rate, established a loan repayment schedule, and allowed for the repurchase of company shares upon request by shareholders with subsequent cancellation. Nevertheless, all voting members abstained, and ultimately the decision to obtain the loan was not adopted.
Previously, there were reports about the possible privatization of UzPost. Economist Otabek Bakirov suggested that the national operator could be sold to one of the northern marketplaces, with experts linking this to Wildberries. At that time, UzPost confirmed that it was studying the possibility of attracting an investor, and the Anti-Corruption Agency demanded transparency in the privatization process. No official comments on this deal have been received from the government or Wildberries.
