On September 21, 2012, RIA Novosti quoted Joint Stock Company RAO Energy System of East as saying that it has sent the Federal Service for Financial Markets a mandatory offer to buy out minority shareholders of Joint Stock Company Yakutskenergo. The offer was sent jointly with RAO ES Vostoka and its controlling shareholders, Open Joint-Stock Company RusHydro, and acquired over 75% of voting shares in Yakutskenergo. The offer will be sent to Yakutskenergo no later than in 15 days after the submission to the financial markets regulator.