Kazakhstan launches People's IPO program website
Kazakhstan, Astana, April 13 / Trend D. Mukhtarov /
Kazakhstan has launched the awareness-raising campaign for the People's IPO program, the Samruk-Kazyna Sovereign Wealth Fund said today.
The hot line for the population is 7 800 080 50 70 has started working.
Calls in Kazakhstan are free of charge.
Moreover, there is a special number for Almaty: 7 (727) 250 70 00.
The hot line is open daily, seven days a week from 9.00 to 22.00.
Everybody can call and ask a question about the People's IPO program. Operators speak Kazakh and Russian.
The official website is www.halyk-ipo.kz.
One can find the latest news about the program, read interesting articles, interviews, expert commentary, dedicated to IPO, as well as the activity of member companies on the website. Moreover, the information and educational materials on the mechanisms of the stock market, corporate governance principles, investment strategy and investment risks and the citizens' participation in the "People's IPO" program will be placed on the website.
The Kazakh government has developed the program of delivering shares of subsidiary and affiliates to the stock market under Kazakh President Nursultan Nazarbayev's order.
The program covers the period up to 2015. It envisages a phased placement of the shares of the biggest and stable state companies on the stock market. "KazTransOil" company will first conduct IPO (the company's shares will be proposed in September 2012). The shares of "KEGOC", "Air Astana", "Kazmortransflot", "Samruk-Energo" and "KazTransGas" will be placed in IPO in 2013. "Kazakh Railway", "Kaztemirtrans", "Kazatomprom", "KazMunayGas" will hold IPO in 2014-2015.