Kyrgyzaltyn OJSC has signed a Memorandum of Cooperation (MoU) and a gold bullion purchase and sale agreement with Public Gold Marketing Sdn Bhd.
Kyrgyzaltyn signed an agreement with Malaysian firm, Public Gold Group, to sell 300 kilograms (kg) of Kyrgyz gold bullion worth $36 million in 2025.
According to the Kyrgyz National News Agency (Kabar), the MoU was signed in conjunction with President Sadyr Zhaparov's official visit to Malaysia from June 24 to 25.
Furthermore, Kyrgyzaltyn will also study the experience of Malaysian companies in gold bullion marketing strategies, including the use of vending machines for contactless gold sales.
The signing of this document is an important step in strengthening trade between the Kyrgyz Republic and Malaysia as well as strengthening Kyrgyzaltyn's position in the ASEAN market.
