The Future
In early 2011 the Government of Kazakhstan announced a program of “Peoples’ IPOs”, to list a portion of the shares of some of the country’s leading national companies through Initial Public Offerings on the Kazakhstan Stock Exchange (KASE), in mid to late 2012. Air Astana was selected to be amongst the first to be listed on account of its consistent record of growth and profitability and because of its corporate governance standards (rated GAMMA 6 by Standard & Poor’s in 2011). As of February 2012 details remain to be defined, in particular changes to the shareholding structure, which has been in place since the birth of the airline, but which will have to change if a public listing is to take place.
Read more about this topic: Air Astana
Famous quotes containing the word future:
“The future is ever a misted landscape, no man foreknows it, but at
cyclical turns
There is a change felt in the rhythm of events:”
—Robinson Jeffers (1887–1962)
“The normal present connects the past and the future through limitation. Contiguity results, crystallization by means of solidification. There also exists, however, a spiritual present that identifies past and future through dissolution, and this mixture is the element, the atmosphere of the poet.”
—Novalis [Friedrich Von Hardenberg] (1772–1801)