Kazakhstan, Astana, Feb. 7 / Trend D. Mukhtarov /
The shares of the Kazakhstani KEGOC Company managing the electricity grid will enter the domestic stock market under the 'People's IPO' programme in the first half of 2013. This order was given by Kazakh Prime Minister Serik Akhmetov at an expanded board meeting of the Samruk-Kazyna National Welfare Fund today.
"KEGOC shares will be put up in the first half of the year and the next company will be decided in the second half of the year which will be the third to enter the domestic stock market," Akhmetov said.
The People's IPO programme will allow Kazakh citizens to become co-owners of one of the nation's largest companies. The programme's implementation is scheduled for 2012-2015. As a part of the programme, KazTransOil company's shares were put up for sale in 2012.