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Hong Kong in the running to host three Kazakh state IPOs
12-04-2018, 03:29 PM.
Post: #1
Hong Kong in the running to host three Kazakh state IPOs
Hong Kong in the running to host three Kazakh state IPOs
Country’s sovereign wealth fund owns US$70b in assets. Three firms are Air Astana, uranium producer Kazatomprom, and Kazakhtelecom

Daniel Ren
PUBLISHED : Thursday, 12 April, 2018, 9:57am
UPDATED : Thursday, 12 April, 2018, 9:57am

Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, is planning initial public offerings (IPOs) for three of its major assets this year, and Hong Kong is being viewed as a strong choice as the potential venue.

Nurlan Rakhmetov, its managing director for transformation, privatisation and restructuring, told South China Morning Post that Chinese state-owned investors have shown keen interest in taking part in the IPOs, buoyed by the central Asian nation’s ambitions of reviving the 2,000-year-old Silk Road.

“They are deeply interested in taking part in the IPOs,” he said. “We have arranged several one-on-one meetings for Chinese investors to talk about investments. This is just the beginning.”

More details in http://www.scmp.com/business/companies/a...state-ipos
Specuvestor: Asset - Business - Structure.

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12-04-2018, 09:29 PM. (This post was last modified: 12-04-2018, 09:30 PM by karlmarx.)
Post: #2
RE: Hong Kong in the running to host three Kazakh state IPOs
None for SGX? Sad

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