A mobile connection provider KCell had an IPO on KASE with a dual listing on LSEG. Placement of the ordinary shares of KCell on KASE attracted 7.5 billion Tenge (50 million USD) amounting to 9.44% of the total issue.
The IPO of KCell common shares became one of the largest local shares offering during the past few years. This successful IPO was carried out by local and international financial institutions.
Beginning February 1, 2013 newly listed securities of KCell will be included in KASE benchmark index.