Real-Invest.kz plans till the end of 2008 to increase 1.5 times the sum of assets of investment funds, which the company is managing

/INTERFAX-KAZAKHSTAN, Almaty, February 17, 08/ - Kazakhstan financial company Real-Invest.kz is planning till the end of year 2008 to increase not less than 1.5 times the sum of assets of investment funds, with which it is manages, the chairman of directors' board of Real-Invest.kz Bakht Niyazov informed. "For today sum of assets of investment funds, which our company is managing makes $170 m. and I think that to the end of this year this sum increases 1.5 times minimally", - he told on press-briefing in Almaty on Monday in the frames of Kazakhstan congress of stock market participants. Agency Interfax-Kazakhstan is the informative sponsor of this congress. Moreover, by his information in plans of the company for current year is also to execute the listing of its securities on Kazakhstan stock exchange. "We are planning to offer our shares and bonds for purchase. Volume of issue of bonds makes KZT5 bn., from which first KZT2 bn. we'll offer this year", - B.Niyazov told. Current rate is - 120.48/$1. Meanwhile he did nit specify the exact terms of shares' offering. "Strategically for company this (offering of shares - IF-K) is not the task of current day, but in five years' perspective it very important", - B.Niyazov told. "Possibly 15-20% of shares we'll offer to market", - he specified. This year, B.Niyazov announced, Real-Invest.kz also is planning to introduce to stock exchange about 10 companies, working in food industry, telecommunications sphere, infrastructure, and ore mining industry. Meanwhile, chairman of board of company Daniyar Azymkhanov, participated in press-briefing announced, that by results of year 2008 Real- Invest.kz plans to increase its stake on market of collective investment to 7-8 "We see that there are good perspectives for further development of this market in connection to that population now is stressing the attention on system of collective investment, investment funds, because it had lost the interest to immovable, as instrument for investments", - he told. "This year we see the good perspectives for development of company and strengthening if its share, which we are planning to increase to 7-8% as a whole by system of collective investing and to 20-22% in its retails segment", - D.Azymkhanov told. Meanwhile, as of beginning of current year, as he informed, given indicators made 6% and 17-18% correspondingly. Financial company Real-Invest.kz JSC was created in year 2003. As of beginning of year 2007 shareholders capital of company exceeded KZT1 bn. (current 120.48/$1), under management of company there 12 investment funds. [2008-03-18]