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Sovereign Wealth Funds Briefing - Categorized | Market

Samruk-Kazyna CEO sees potential for KazMunaiGaz IPO

Posted on 04 June 2010

From Bloomberg: Kazakhstan’s National Wellbeing Fund Samruk-Kazyna sees “potential” for initial public offerings of shares in its KazMunaiGaz National Co. and Kazakhstan Temir Zholy units, Chief Executive Officer Kairat Kelimbetov said.
The fund also sees potential for an IPO of its Development Bank of Kazakhstan unit, Kelimbetov said. Samruk-Kazyna owns 100 percent of all three units, according to its website. Uranium miner Kazatomprom won’t be listed, he said in an interview today in Almaty………………………………………..Full Article: Source

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