On 10 November 2023, trading of shares of KEGOC JSC began on the AIX – the Stock Exchange of the Astana International Financial Center, as part of the SPO (secondary public offering) in accordance with the Comprehensive Privatisation Plan for 2021-2025, approved by the Government of the Republic of Kazakhstan and order of the President of the Republic of Kazakhstan for further denationalisation of the economy, including through privatisation state assets by additional issue.

Within the framework of the SPO, KEGOC offered 15,294,118 ordinary shares, while the share of Samruk-Kazyna JSC (major shareholder of KEGOC), will amount to at least 85 percent of the total number of shares of the company. The price for one ordinary share is 1,482 tenge.

Zan Hub acted as legal advisor to the Issuer on AIFC law and the legislation of the Republic of Kazakhstan, as well as KEGOC's process agent in accordance with the requirements of the AIX rules, and provided legal advice on all aspects of Kazakhstani legislation and AIFC law related to SPO.

The project was carried out by the firm partners Madiyar Bekturganov and Aituar Madin, and associates Tatyana Veryovkina, Yenlik Muratova and Kuanysh Abzhanov.