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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Compliance/Regulation/Legal, Market

Samruk-Kazyna approved offering price for KazTransOil shares

Posted on 02 November 2012

The “Samruk-Kazyna” Board of Directors has approved the offering price for KazTransOil notes within the “People’s IPO” at 725 tenge per share. The order book for people’s shares of KazTransOil closes on November 6.
According to the approved IPO procedure for KazTransOil, priority will be granted to filling orders of the market-maker in order to maintain prices for buying and selling the shares. Among investors, priority will be given to retail investors – the citizens of Kazakhstan – followed by the acceptance of orders from domestic pension funds………………………………………..Full Article: Source


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