On September 27, 2022, the representatives of the Samruk-Kazyna Fund held a meeting with employees of the Kapshagai HPP named after Sh.Chokin about the possibility of participating in the IPO program. 

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

“I support the idea of the Head of State on the denationalization of the economy. Today we were informed about the possibilities of participating in the IPO of portfolio companies of the Samruk-Kazyna Fund. It was informative to hear about the mechanisms of IPO as an alternative source of income,” - Yelena Naumova said, the Accountant of the Accounting Department, who has been working at the station for more than 6 years. 

The representatives of the Fund noted that IPO is one of the most transparent ways to privatize national companies. At the same time, it is assumed that the main control over the companies after entering the stock exchange will remain with the state through Samruk-Kazyna. 

“Further implementation of the comprehensive privatization plan for 2021-2025 will allow Samruk-Kazyna JSC to improve the structure of its assets, increase the efficiency of companies, create conditions for technology transfer, attract capital to the development of key sectors of the economy. In socio-economic terms, privatization will stimulate the development of small and medium-sized businesses, create additional jobs, and reduce import dependence”, - Aizhan Kairatova said, the Senior Manager of the Privatization and Assets Restructuring Department of Samruk-Kazyna JSC. 

The participants of the meeting learned about IPO mechanisms as an alternative source of income, as well as about the associated risks. “We are employees of Kapshagai HPP named after Sh.Chokin today had the opportunity to get acquainted with the IPO program. I consider it very useful to conduct an information program in the form of a roadshow to improve the financial literacy of the company’s employees”, - Berikpol Kiakpayev said, the Deputy Head of the Department for the Operation of Buildings and Hydraulic Structures. Kanat Orymbek, the Electronics Engineer at the Electric Machine Shop of the station believes that after today’s meeting he has a real opportunity to purchase shares of national companies. And the most important thing is to receive own, albeit small, dividends as a second source of income. 

“I have been working at Kapshagai HPP for more than 13 years. Today, having attended an information meeting to explain the IPO, I thought that this is also available to me, a simple employee of the Kapshagai HPP named after Sh.Chokin,” - Mamyrali Seitbek continued, the Electrician for the repair of electrical equipment of power plants of the 6th category of the Electric Machine Shop. Recall that informational and explanatory meetings with the population, company employees and employees of production facilities were held in more than 60 cities across the country from September 16 to 30, 2022. To learn more about the IPO and the privatization program of the Fund as a whole is possible on 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 scheduled for this year. The placement will be on the AIX and KASE platforms.