Kazakh entrepreneur and investor Margulan Seisembay plans to gradually exit his non-internet assets over the next three to five years. He discussed this in an interview on the Kursiv Talks podcast, as reported by infohub.kz.
"Every project has a maturation period when it's the best time to sell. Many of my projects have reached that stage," Seisembay explained.
"But this is not about selling tomorrow or in a hurry. We need to find buyers, the right buyers, negotiate with them, and sell properly at a good and fair price. There are many nuances," he noted.
Seisembay explained that the decision is not only related to the project life cycle but also to a shift in his own investment priorities. He said that initially he invested heavily in traditional businesses, then focused on IT companies, and now is turning his attention to artificial intelligence.
During the podcast, the entrepreneur did not specify which assets he plans to sell.
Seisembay is the managing partner of Asadel Partners PEF Pte Ltd., through which he holds stakes in Tamos Education. Together with his wife, via Seimar Ltd. and Agros Ltd., he owns a 42% stake in the agricultural holding Alel Agro, as well as shares in Uyz Mai Industry, Agro Fit Kapshagay, and others, where their partner is businessman Galimzhan Yessenov. He is also a shareholder of Haileybury Almaty school and founder of Allosta, an AI-first ecosystem that integrates intellectual, investment, and consulting services.
Earlier, Kursiv reported that Yessenov and the Seisembay family would receive billions in dividends from Alel Agro.