Almassadam Satkaliyev noted the need to reduce the Fund’s share in the economy as an important process during privatization.

“We have an important task– to bring KMG to the IPO by the end of this year. The IPO of KMG is planned on the local AIX and KASE exchanges also with access for international investors.

In general, I would like to note that regardless of the date of the portfolio companies’ IPO, each of them needs to ensure compliance with listing requirements in terms of corporate governance, reporting in time agreed with shareholders. Be ready for placement.

It is necessary to have a clear plan. I am instructing to approve roadmaps in the prescribed manner with a reflection of all pre-sale preparation activities and responsible Heads” Almassadam Satkaliyev said.  As the Head of the Fund stressed, the implementation of road maps will be systematically checked.