Samruk-Kazyna Sovereign Wealth Fund decides on running IPOs of its subsidiaries
According to the Program, IPOs will be stagedly run starting from 2012.
Karim Massimov talked about objectives of Kazakhtan's development in the coming years
Kazakhstan Prime-Minister Karim Massimov outlined a range of problems that the Government has to attend to in the coming years.
20-25% in the State Pension Accumulation Fund to be floated through People’s IPO
As the National Bank Governor explained, the National Bank is to buy back the 10 per cent share from the European Bank of Reconstruction and Development (EBRD).
Kazmortransflot to run a People’s IPO in 2012
According to Ms. Altynai Ualieva, Director for the Company’s Astana Office, the raised funds [coupled with own funds and funds of the shareholders] could be used to finance purchasing of new vessels.
KazMunaiGas National Oil and gas Company is not running a People’s IPO so far
The Company owns too many strategic assets in Kazakhstan – gas and oil pipeline networks, stakes in oil refineries: Malik Salimgereev, Director for Oil and Gas Assets Management at Samruk-Kazyna.
30% of Kazakh citizens do not trust People's IPO
Nearly one third of Kazakhstan citizens (29.9 percent) do not trust the idea of the People's IPO.