Samruk-Kazyna Ondeu LLP (SK-Ondeu) was established in 2009 by the decision of the Board of Directors of National Welfare Fund Samruk-Kazyna JSC dated November 28, 2008 in pursuance of the instruction of the President of the Republic of Kazakhstan given at the enlarged meeting of the Government of the Republic of Kazakhstan dated October 13, 2008 on "the creation of a special company that will deal with chemical industry projects".
The sole shareholder is NWF Samruk-Kazyna JSC .
development and implementation of investment projects in the chemical industry
The subject of Samruk-Kazyna Ondeu's activities are:
Organization and implementation of projects in the field of subsoil use necessary for the organization of investment projects in the chemical industry;
Participation of Samruk-Kazyna Ondeu in the establishment and (or) acquisition of shares (participation interests) of other legal entities for the implementation of investment projects in the chemical industry with the possibility of subsequent alienation of Samruk-Kazyna Ondeu shares (participation interests) in such a legal entity;
Implementation of the best global corporate governance practices of legal entities, more than fifty percent of the voting shares (participation interests) of which belong to the Samruk-Kazyna Ondeu on the right of ownership or trust management to ensure effective management of them