Kazakhstan to start ‘people's IPO’ in Q2 or Q3 2012

    Kazakhstan plans to start floating shares in several national companies in its "people's IPO" in the second or the third quarter of 2012, Economy Minister Kairat Kelimbetov said today. The Central Asian country's flagship carrier Air Astana, national grid company KEGOC and state oil transportation firm KazTransOil are among those assets which are most prepared for floating, Kelimbetov told a government meeting, according to Reuters.