Earlier media reported that major shareholders had been planning delisting at Kazakhstan’s KASE as well to be further able to re-register the company as a privately-held entity.
Mining giant Eurasian Natural Resources Corp rejected a £3.04-billion ($4.67-billion) takeover offer from a consortium comprising the Kazakh government and the founders of ENRC.
Billionaires Patokh Chodiev, Alijan Ibragimov and Aleksander Mashkevich commented rumors about their intention to sale their business and leave of Kazakhstan.