On September 17-18, employees of large oil fields – Kalamkas, Karazhanbas met with representatives of the Samruk-Kazyna Fund, JSC NC KazMunayGas, Kazpost JSC, and learned more about the possibilities of participating in the IPO program. The speakers of the event were also representatives of Kazakhstan broker-dealer organizations and stock exchanges AIX and KASE. 

The experts introduced to the residents the progress of the Samruk-Kazyna privatization program and the IPO of portfolio companies, including key information about the first IPO candidate - JSC NC KazMunayGas. The organizers answered the questions of the participants of the meeting.

Gibrat Auganov, the Managing Director for Public Relations, Social and Labor Relations and Occupational Safety of Samruk-Kazyna JSC, noted that the Fund is fully committed to the idea of the Head of State on denationalization of the economy, therefore, as part of implementation of the Privatization Plan, it aims to inform citizens of Kazakhstan on a large scale about the possibilities of participating in the IPO of the Fund’s portfolio companies.

“Now there are events that will radically change the history of our country. The state has given us all the opportunity to become co-owners of a company that manages Kazakhstan’s rich natural resources. This initiative is especially significant for the western region, which, like no other, invests all its knowledge, skills, experience and strength in the development of the oil industry”, - Gibrat Auganov noted. 

Dauren Karabayev, the Deputy CEO for Economics and Finance of JSC NC KazMunayGas spoke about the opportunities for generating income by participating in the IPO.

“Income on shares can be received both in the form of dividends, while remaining the owner of shares, and in the form of an increase in the value of shares when they are sold. However, it should be remembered that depending on the results of the company’s performance, dividends may not be paid annually, and stock prices may decrease under the influence of adverse factors. Investments in stocks should be made taking into account these risks, planning to obtain profitability in the long term”, - Dauren Karabayev stressed.

Thus, the participants of the meeting learned about IPO mechanisms as an alternative source of income. Recall that informational and explanatory meetings with the population, employees of companies and employees of production facilities will be held in more than 60 cities across the country from September 16 to 30, 2022.

To learn more about the IPO and the Fund’s privatization program in general please visit a specialized Internet resource ipo.sk.kz

For information:

By 2025, 7 large assets of Samruk-Kazyna JSC will be partially transferred to the competitive environment, 6 of which through IPO. The IPO of KazMunayGas is planned for this year. The placement will take place on the AIX and KASE platforms. Recall that from 2012 to 2020, several large companies of the Fund held a listing of shares on Kazakhstan stock exchanges. The volume of dividends paid and the increase in the market capitalization of companies confirm the success of the IPO of Samruk-Kazyna portfolio companies since the beginning of their IPO. Thus, the maximum increase in the value of shares since the beginning of the IPO at KazTransOil was 121%, KEGOC - 281%, Kazatomprom - 383%.