Central-Asian power-energy company plans public offering of Accumulative Pension Fund Astana (Kazakhstan) shares among wide range of investors

24.04.12 17:56
/KASE, April 24, 12/ - Central-Asian power-energy company (Almaty, CAPEC) and Accumulative Pension Fund Astana (Almaty), provided to KASE the following press release of April 24, 2012: quotation CAPEC has successfully completed the project on merger with Eurasian Accumulative Pension Fund and APF Amanat - Kazakhstan, having created APF Astana. The newly created fund became the leader on pension services market. The merged Fund during 8 months demonstrates the leading yield and ensures reliability of depositors investments and investment attractiveness for investors. As of April, 2012, the yield coefficient for 12 months is К2, on a moderate portfolio made up 6.27%, having exceeded the average indicator on the market (2.57 %) almost by 2.5 times. The Fund accrued investment income from the beginning of 2012 made up KZT1.7 bn. The Fund investment attractiveness is proved by the report on international auditing company Deloitte, which shows positive financial outcomes of APF Astana. The next phase of CAPEC and shareholders adopted strategy of the Fund development is public offering of APG Astana shares to the wide range of investors on the open market. At this existing shareholders decided during this offering to prioritize the Fund employees and investors. ends The press release full version is available on KASE website at http://www.kase.kz/files/emitters/CTEC/ctec_reliz_240412.pdf [2012-04-24]