Kazakhstan Temir Zholy IPO to Take Place on HKEX, LSE, and AIX
Summary
Samruk-Kazyna discussed IPO preparations for Kazakhstan Temir Zholy across HKEX, LSE, and AIX.
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The initial public offering (IPO) of national railway operator Kazakhstan Temir Zholy (KTZ) will be conducted across three stock exchanges: Hong Kong Exchanges and Clearing (HKEX), the London Stock Exchange (LSE), and the Astana International Exchange (AIX).
The head of sovereign wealth fund Samruk-Kazyna discussed the preparation for the listing with representatives from HKEX and investment firm CICC.
Listing on both global and domestic platforms is designed to provide access to a diversified pool of international and local investors.
Source: Kapital.kz
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