December 6-8, 2011 KEGOC JCS is holding start meeting with the consultants on IPO accession issues
07.12.11 16:24
/IRBIS, December 7, 2011/ - JSC "KEGOC" completes the process
of selecting consultant companies to prepare the accession to the
stock market, reports the press service of the company.
It is reported that in accordance with the program of accession of
shares of subsidiaries and affiliates of JSC "National Welfare Fund
"SK" to the stock market, during the period from 06 to December 8,
2011 JSC "KEGOC" shall hold start meeting with advisers on IPO
accession issues.
Leading international and domestic consulting companies "Citi",
"Halyk Finance", "Chadbourne & Parke LLP", "Deloitte" were
selected as consultants by JSC "KEGOC". Representatives of
these companies together with the management of JSC "KEGOC",
will assess the company's investment attractiveness, develop an
action plan, and discuss the preliminary details of the Investment
Memorandum.
Order to develop a program for the accession of the national
companies on the stock market was given by President Nursultan
Nazarbayev at the XIII Congress of NDP "Nur Otan" February 11,
2011. September 8, 2011 by Government Resolution the Program
was approved, under which, JSC "KEGOC" is selected as a
candidate for "The People's IPO".
The main purpose of this program is to provide citizens with
opportunities to acquire shares of RK leading national companies,
the development of the Kazakhstan stock market, increased
transparency, efficiency and competitiveness of the nation's largest
companies in Kazakhstan.
[2011-12-07]