01 June 2004 05:52
Kazakh copper company plans IPO in 8-10 months
Kazakhmys plans to place at least 25% of shares, he said.
An additional share issue is likely to be made totaling 10% to
12.5% of charter capital. The rest of the shares will be offered by
MOSCOW. June 1 (Interfax) - Kazakhmys Corporation, Kazakhstan's biggest copper producer, plans to carry out an
IPO in London in eight to ten months, the company's president, Vladimir Kim, said at Moscow's second
metallurgical summit.
Citigroup and HSBC will probably handle the IPO.
Samsung owns 27% of Kazakhmys.
Kazakhmys shareholders, Kim said.
[KZ ASIA EUROPE EEU EMRG IPO MRG STX GB WEU MET STL] me
[Interfax] |
RUSSIA IN FACTS
