SAT & Company JSC (KAS: SATC) entered into conditional agreement to acquire additional 13.85% stake in ShalkiyaZinc NV (LSE: SKZ) from Zinc Investments I B.V, Zinc Investments II B.V and Zinc Investments III B.V on October 19, 2011. As part of transaction, 4.2 million shares of ShalkiyaZinc are acquired by SAT & Company and SAT would increase its stake from 84.28% to 98.13%. Completion of the transaction is conditional, on receipt of a waiver from Ministry of Industry and New Technologies of the Republic of Kazakhstan (and any successor body) in respect of Ministry's pre-emption rights to acquire the shares. SAT & Company JSC (KAS: SATC) completed the acquisition of additional 13.85% stake in ShalkiyaZinc NV (LSE: SKZ) from Zinc Investments I B.V, Zinc Investments II B.V and Zinc Investments III B.V on January 30, 2012.