Kazakhstan Daily News Roundup – February 14, 2011
HEADLINES:
KEGOC, Samruk-Energo, Kazpost to launch “people’s IPO” – Nazarbayev
(SRI) – Kazakh president Nursultan Nazarbayev instructed his government to prepare state-owned Samruk-Energo, Kazakhstan Electricity Grid Operating Company (KEGOC), and Kazpost for domestic initial public offerings by the end of the year as part of the so-called “people’s IPO.”
BTA to list shares in Luxemburg, on KASE
(SRI) – BTA, Kazakhstan’s third-largest bank, intends to list around 16% of its shares in Luxembourg in the form of global depositary receipts (GDRs) within the next two or three months, Reuters reported on Friday, citing a BTA spokeswoman.
Kazakhmys plans $6-billion investment program
(SRI) – Kazakh copper miner Kazakhmys plans to spend $6 billion over the next three to four years to upgrade its metal plants and develop energy and mining projects, the company’s chairman Vladimir Kim said on Friday.
BUSINESS AND ECONOMY:
Air Astana plans new international routes Aktau-Istanbul and Aktau-Amsterdam (TREND)
National Bank of Kazakhstan: Exchange rates February 12-14, 2011 (Kazakhstan Today)
Indicators – February 11, 2011 (Reuters)
METALS AND MINING:
MPs urge tighter rules after ENRC’s Africa mine deal (Telegraph)
Sunkar seeks partners (Growth Company Investor)
POLITICS:
The Kazakhstan election puzzle (Global Post)
Kazakhstan opposition to boycott presidential polls (AFP)
U.S. helps secure Kazakhstan’s Soviet-era nuclear stock (UPI)
SOURCE: http://silkroadintelligencer.com/2011/02/14/kazakhstan-daily-news-roundup-february-14-2011/
Tags: Air Astana, BTA, ENRC, Kazakhmys, Kazpost, KEGOC, Samruk-Energo, Sunkar
