Singapore among 3 possible venues for secondary listing of Kazakhstan's Air Astana

Almaty, Kazakhstan

SINGAPORE is one of only three markets that Central Asia's most profitable carrier is looking at for an eventual public listing in two years, but current economic conditions are chipping away at the Republic's attractiveness as a venue.

In an interview in the leafy south-eastern city of Almaty on Wednesday, the chief of Air Astana, Kazakhstan's national carrier, told journalists about his vision for the eventual public offering of the carrier in 2018.

Peter Foster, chief executive officer and president of the 14-year-old airline, said: "We're hoping to do a public listing of the company somewhere between March and October of 2018, and that has to be a dual listing.

"We're looking at a secondary offering concurrent to a listing in Kazakhstan, either in London, possibly Hong Kong or Singapore, but more likel…