19.11.2010 - Kazakh sovereign wealth fund eyes "people's IPO"
From Reuters: Kazakhstan's sovereign wealth fund, Samruk-Kazyna, will present its privatisation plan in January, and Kazakh citizens are likely to be the first ones to buy its stakes, a senior Kazakh official said on Thursday. The fund, which manages $70 billion of assets, told Reuters in July it planned to raise funds in an initial public offering (IPO), which would help it improve corporate governance and become a key player in global markets..............................................Full Article: Source
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