The Samruk-Kazyna Fund to Have Held Meetings with Residents of Zhambyl Region on IPO Issues

The Samruk-Kazyna Fund to Have Held Meetings with Residents of Zhambyl Region on IPO Issues

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23 September 2022

The representatives of Samruk-Kazyna JSC, JSC NC KazMunayGas, Kazpost JSC met with residents and guests of Zhambyl region in the framework of the campaign of informational and explanatory meetings from 19 to 23 September. 

Representatives of Kazakhstan broker-dealer organizations and stock exchanges AIX and KASE also took part in the meetings. The experts introduced to the participants of the meetings the progress 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, and also answered the questions of citizens. 

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As noted by Aizhan Kairatova, the Senior Manager of the Privatization and Assets Restructuring Department of Samruk-Kazyna JSC, the Fund intends to make the IPO available to every citizen of Kazakhstan. In this regard, since September 16, a large-scale informing of the citizens of the Republic of Kazakhstan about the possibilities of participation in the IPO of the Fund’s portfolio companies has been carried out. 

“All interested institutional and retail investors represented by citizens of the Republic of Kazakhstan are invited to participate in the IPO of the company. This means that every citizen of Kazakhstan, literally, will have the opportunity, by buying shares of KMG, to become a co-owner of the largest oil and gas company in Kazakhstan”, - Aizhan Kairatova shared. 

In total, 10 informational and explanatory meetings were organized throughout the Zhambyl region in the cities of Taraz, Karatau, Zhanatas, as well as nearby villages, during which participants learned about IPO mechanisms as an alternative source of income. 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.