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Kuandyk Bishimbayev comments on People's IPO folding rumors

27 may 2013, 20:07
0
Deputy chairman of Samruk-Kazyna Kuandyk Bishimbayev. Photo by Danial Okassov©
Deputy chairman of Samruk-Kazyna Kuandyk Bishimbayev. Photo by Danial Okassov©
Photo by Tengrinews.kz
Photo by Tengrinews.kz
Deputy chairman of Samruk-Kazyna National Welfare Fund Kuandyk Bishimbayev has commented on the rumors about folding of the People’s IPO in Kazakhstan, Tengrinews.kz reports.

“There is no such plan. There is currently a small delay, there are legal issues that will be solved,” Kuandyk Bishimbayev said answering the question whether the rumors about the People’s IPO folding have any grounds.

Earlier Kazakhstan Foreign Minister Bolat Zhamishev refuted any possibility of premature termination of the People’s IPO program in Kazakhstan.

The officials had to make the statements after the media started writing that the program was suspended until the end of the year and could fold in future.


By Baubek Konyrov

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