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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Subscription for KazTransOil shares on the first day totals $1.2 mln

Posted on 07 November 2012

Subscription for KazTransOil shares within the People’s IPO Program on the first day totals $1.2 million, Newskaz.ru reports, citing Samruk Kazyna Sovereign Wealth Fund Vice Chairman Kuandyk Bishimbayev.
The number of broker’s accounts as of November 6, 2012 reached nearly 250 000. The subscription will be open until December 5, 2012. According to the Government regulation, the share price shall be 725 tenge ($4.8). The number of shares to be floated stands at 38 464 559………………………………………..Full Article: Source


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