Time for a national IPO was failed - JSC ASYL INVEST

/IRBIS, March 17, 2011/ - Time for a "national IPO" is chosen badly about it informed today during the "Kazakh Finance Forum 2011" said Chairman of the Board JSC ASYL INVEST Mr. Daulet Userov. "The successful placement of shares of domestic companies need time to select a management company, information support for the upcoming deployment, it is necessary to carry out the preparation of detailed solutions to many infrastructure processes, but this takes time," - said Mr. D. Userov. He added that a strong discount to the offering price will lead to speculation among market professionals, and offered to introduce safeguards for the public on the resolution paper. "The guarantees can be given a market way, and the example of using the option" - added Mr. D. Userov [2011-03-17]