Kazakhstan's Qazaq Bitum Processing Raises 5 Billion Tenge on Stock Exchange

Qazaq Bitum Processing, a major bitumen producer in Kazakhstan, successfully raised 5 billion tenge through a bond offering on the KASE stock exchange. The initial target was 1 billion tenge, but demand reached 11.1 billion tenge, leading to an increased placement. Private investors acquired 66% of the issue.

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