February 22, 2017 6:14 PM ET

Capital Markets

Company Overview of Samruk-Kazyna National Welfare Fund JSC

Company Overview

Samruk-Kazyna National Welfare Fund JSC is a sovereign wealth fund of the Republic Of Kazakhstan specializing in turnarounds. JSC Samruk-Kazyna National Welfare Fund is based in Astana, Kazakhastan.

Kabanbai batyr, 19

blocks А, С, Е

Astana,  010000

Kazakhstan

Phone:

7 7172 79 05 98

Fax:

7 7172 79 04 00

Key Executives for Samruk-Kazyna National Welfare Fund JSC

Chief Executive Officer, Chairman of the Management Board, and Director
Age: 50
Deputy Chief Executive Officer of Samruk-Kazyna” JSC and Member of Management Board
Age: 45
Deputy Chief Executive Officer of “Samruk-Kazyna” JSC and and Member of Management Board
Age: 36
Managing Director and Member of Management Board
Age: 51
Compensation as of Fiscal Year 2016.

Samruk-Kazyna National Welfare Fund JSC Key Developments

Air Astana And Kazatomprom To Be Ready For IPO By Late 2017

Samruk-Kazyna National Welfare Fund JSC's Chief Executive Officer said at a meeting of the Cabinet in Astana, "By the end of this year we will complete IPO preparations for Astana International Airport JSC and JSC National Atomic Company Kazatomprom".

Samruk-Kazyna Planning To Sell 23 Subsidiary Companies

Samruk-Kazyna National Welfare Fund JSC plans to sell 23 subsidiary companies by the end of 2017, Chief Executive Officer Umirzak Shukeyev said. In the first half of 2017, Samruk-Kazyna plans to sell 12 assets from the first privatization list, which includes large companies. "We expect major foreign investors, such as General Electric Company (NYSE:GE), Talgo, S.A. (BME:TLGO), Alstom SA (ENXTPA:ALO), DP World Limited (DIFX:DPW) and others, to demonstrate interest in at least five of the assets. According to our plan, 23 of the 45 assets on the first list will be sold," he said. Samruk-Kazyna developed two lists of assets for privatization: 45 large assets on the first list and 170 assets on the second list.

Samruk-Kazyna Plans To Sell Its 23 Subsidiaries

Samruk-Kazyna National Welfare Fund JSC plans to sell 23 subsidiary companies by the end of the current year, Chief Executive Officer, Umirzak Shukeyev said. "By the end of this year we will complete IPO preparations for Air Astana and Kazatomprom," Shukeyev said at a February 14, 2017, meeting of the Cabinet in Astana. In the first half of the year, Samruk-Kazyna plans to sell 12 assets from the first privatization list, which includes large companies.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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