Azerbaijan, Baku, Nov. 27 / Trend E. Kosolapova/
Some 10,000 people have applied for Kazakh KazTransOil shares within People's IPO program by now, Deputy Chairman of Kazakh Sovereign Wealth Fund Samruk-Kazyna Kuandyk Bishimbayev told journalists on Tuesday, Kazakh Prime-Minister's web site reported.
The total cost of the received applications hit 5.7 billion tenge, Bishimbayev said.
Meanwhile Kazpost has opened 16,200 brokerage accounts and received 4,668 applications for the purchase of Kaztransoil's common shares worth $1.4 billion as of November 26.
The process of accepting the applications for the purchase of KazTransOil shares under the People's IPO program started on Nov. 6.
Value of one ordinary KazTransOil share during the initial offering on the organized securities market was previously set at 725 tenge (150.33 tenge = $1) per share.
The People's IPO will allow the Kazakh citizens to become co-owners of the major national companies. The program envisages a phased placement of the shares of the biggest and stable state companies on the stock market in 2012-2015.