Joint Stock Company National Company Kazakhstan Temir Zholy signed an agreement to acquire remaining 50% stake in Logistic System Management B.V. from Public Joint Stock Company TransContainer (LSE:TRCN) for RUB 5.3 billion in November 2019. Following the acquisition, Joint Stock Company National Company Kazakhstan Temir Zholy will indirectly control 100% stake in JSC Kedentransservis. For the year ended December 31, 2019, Logistic System Management B.V. reported revenue of RUB 11.8 billion. The completion is subject to certain conditions and responsibilities and the sale is expected to be completed in 2020. Joint Stock Company National Company Kazakhstan Temir Zholy completed the acquisition of remaining 50% stake in Logistic System Management B.V. from Public Joint Stock Company TransContainer (LSE:TRCN) on May 22, 2020. All the necessary corporate decisions have been made, permits have been obtained, and the set value of 50% of the shares of Logistic System Management B.V. has been paid.