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 difference between Pound and Whitman is not between the democrat who in deep distress could look hopefully toward the future and the fascist madly in love with the past. It is that between the woodsman and the woodcarver. It is that between the mystic harking back to his vision and the artist whose first allegiance is to his craft, and so to the reality it presents.”
—Babette Deutsch (1895–1982)
“It lives less in the present
Than in the future always,
And less in both together
Than in the past.”
—Robert Frost (1874–1963)