Asia Equity Partners Ltd. Significant Sale of Kaspi.kz ADSs

Asia Equity Partners Ltd. has filed a Form 144 with the SEC, indicating its intention to sell 1,190,456 American Depositary Shares (ADSs) of Joint Stock Company Kaspi.kz. The shares were acquired through a private placement on November 22, 2006. The filing also details extensive sales activity over the past three months, with multiple transactions totaling significant amounts. The most notable sale occurred on September 9, 2025, involving 1,000,000 ADSs valued at $87,240,000. The filing highlights the ongoing divestment strategy of Asia Equity Partners Ltd. in Kaspi.kz, which could impact the market dynamics of the company's shares.