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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

After holding people’s IPO Samruk-Kazyna to retain its maximum stake in Air Astana

Posted on 28 September 2011

As a result of holding people’s IPO the Samruk-Kazyna National Welfare Fund will remain Air Astana’s shareholder with a maximum stake, the airline’s president Peter Foster said. After holding people’s IPO the Samruk-Kazyna fund will be a shareholder with a maximum stake in Air Astana, according to KazTAG.
It was reported that the so-called first wave of companies with state participation, the shares of which will be offered in the domestic market under the People’s IPO program includes KazTransOil, KEGOC, and Air Astana. Their IPO is expected to be held during the second half of 2012……………………………………….Full Article: Source


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