Freedom Holding Corp (FRHC)

[HMB2010]

As you know, the Kazakh government approved a comprehensive privatization plan for 2016-2020 and a list of objects to be transferred to a competitive environment.

Suleimenov: All three refineries will be privatized in preparation for the IPO of KazMunaiGaz
01/16/2018 11:30

In particular, 7 assets (KMG-owned shares) will be realized in preparation for the IPO of KazMunaiGaz: Urikhtau Operating LLP, Pavlodar Petrochemical Plant LLP, TH KazMunaiGas NV, PetroKazakhstan Oil Products LLP, Atyrauskiy LLP oil refinery, KMG Automation LLP, Teniz Service LLP, T. Suleimenov

In the same way, the assets of JSC National Company Kazakhstan Temir Zholy will be sold (five assets: Kaztemirtrans JSC, Passenger Transport JSC, Baggage Transportation JSC, Wagon Service JSC, Prigorodnye Transportazhi JSC), and JSC "National Company" Kazakhtelecom "(two assets: LLP" Nursat + "LLC" KT-AiIks ").
The list of major organizations of the republican property subject to privatization as a priority includes such organizations as: National Science Medical Center JSC, Kazakhstan Garish Sapary National Company, National Geological Exploration Company Kazgeology, Astana International Airport and others.

The IPO will include: the national railway company Kazakhstan Temir Zholy, the national oil and gas company KazMunayGaz, the national atomic company Kazatomprom, Samruk-Energo, the national mining company Tau-Ken Samruk, Kazzinc LLP, Kazpost JSC, Air Astana JSC and other companies.

There are three refineries in Kazakhstan - Atyrau, Pavlodar and Shymkent. "KazMunaiGas" and CNPC own 50% shares of Shymkent refinery. Atyrau and Pavlodar plants are controlled by KazMunayGas.

https://www.kursiv.kz/news/vlast1/sulejmenov-vse-tri-npz-v-budut-privatizirovany-v-ramkah-podgotovki-k-ipo-kazmunajgaza/