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:
“That children link us with the future is hardly news. . . . When we participate in the growth of children, a sense of wonder must take hold of us, providing for us a sense of future. Without the intimation of concrete individual futures, it is hardly worth bothering with social change and improvement.”
—Greta Hofmann Nemiroff (20th century)
““Dark times” is what they call it in Norway when the sun remains below the horizon all day long: the temperature falls slowly but surely at such times.—A nice metaphor for all those thinkers for whom the sun of mankind’s future has temporarily disappeared.”
—Friedrich Nietzsche (1844–1900)