| Shareholders in Kazakh bank BTA , majority-owned by the sovereign wealth fund, voted against a debt restructuring plan at a meeting on Thursday, a week after the bank went into official default for the second time.
Aug 2010- BTA completes a multibillion dollar debt restructuring programme, which leads to sovereign wealth fund Samruk-Kazyna becoming an 81.5 percent shareholder in the bank. Samruk-Kazyna pledges, in time, to sell its stake to the private sector...............................................Full Article: Source
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