Kazakhtelecom Summarises Results of National Game “Exchange”
OREANDA-NEWS. August 22, 2008 will summarize the virtual project - the National Games "Exchange". Shares leading operator of Kazakhstan JSC "Kazakhtelecom" actively traded on a virtual exchange, reported the press-centre of Kazakhtelecom.
Recall that on May 26, 2008 launched an ambitious project National Game "Exchange" (www.sharegame.kz), which organizers made the company "Deloitte" with the active participation of Kazakhstan Agency for regulation of the regional financial centre of Almaty (RFCA ARD), the Ministry of Finance , The state holding company "Samruk", as well as JSC "RFCA" and "Renaissance Capital".
Final of the National Games "Exchange" was held on August 1, 2008. At this time, organizers are summing up the game, which will be announced on August 22. In order to encourage the participation of JSC "Holding" Samruk "established a prize fund of \\\\$ 6 million tenge nominations for "Best Investor", "Best journalist", "Best Team" ("The best team on the relationship with the investors"). This designation is awarded to companies within the holding company that best support the draft National Games "Exchange" by providing specially prepared for investors, full, timely and reliable information on the issuing company.
Based on the dynamics of the game index NSGI (National Share Game Index), shares of JSC “Kazakhtelecom” in the National game "Exchange" characterized by stability. During the time of the National Games "Exchange" real increase in the number of transactions on the Kazakhstan Stock Exchange (KASE) at 14.17%. At games during the height stock price JSC “Kazakhtelecom” also increased by 9.88% compared with the price for the period beginning of the game.
JSC "Kazakhtelecom" - one of the most dynamically developing telecommunication companies in the CIS, provides a wide range of information services. State company's shares in the amount of 51% is owned by JSC "Kazakhstan holding company to manage state assets" Samruk ". The rest of the shares distributed among private shareholders.
Placing virtual shares in the National game "Exchange" allowed JSC "Kazakhtelecom" cause real interest large and individual investors. Participants in the game, able to earn income at a virtual bidding shares, possibly with time to look and send their own their own real, not virtual money on the stock market of Kazakhstan. And this is only a positive impact on liquidity of Kazakhstan's securities market, and will also be useful for the shares JSC "Kazakhtelecom".
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