12-04-2018, 03:29 PM
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
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
