The people's iPO- The modern trend of strengthening of Kazakhstan's business

Karzhaubayeva OnaiKhan
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Karzhaubayeva OnaiKhan: Caspian State University of Technologies and Engineering, Kazakhstan

Constanta Maritime University Annals, 2013, vol. 19, issue 1, 303-304

Abstract: In 2012, Kazakhstan initiated the first wave of People’s Initial Public Offerings (IPOs), in which some of the largest and most profitable corporations in the country went on the market. The aims of the programme are ambitious. Upon completion of the People’s IPO campaign, it is expected that Kazakhstan will have attracted unprecedented domestic investment into the Kazakhstan Stock Exchange (KSE) in Almaty. This will make the country the most dominant investment and stock trading center for all of Central Asia. The programme is also designed to share the wealth of the nation and significantly expand the middle-class sector of society

JEL-codes: M0 O2 O5 R0 R4 (search for similar items in EconPapers)
Date: 2013
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