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Freedom Holding Corp. (FRHC)

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Last Post: 6/22/2018 5:14:27 PM - Followers: 70 - Board type: Free - Posts Today: 0




Share Structure:

Authorized Shares: 500,000,000
Outstanding Shares: 48,537,233 (updated per TA on 11-14-17)
Restricted Shares: 47,176,447
Float: 1,360,786

A description of business (from the 10-Q 11/14/2017)

Freedom Holding Corp. is a Nevada corporation (“FRHC”) and was formerly known as BMB Munai, Inc. In 2015, FRHC entered into a Share Exchange and Acquisition Agreement with Timur Turlov (the “Acquisition Agreement”) to acquire several businesses owned by Timur Turlov in exchange for controlling interest in FRHC. As the acquisitions are completed these businesses have become operating subsidiaries of FRHC. FRHC is building an international brokerage, banking, and financial services firm to meet the demand of a growing number of investors in Russia and Kazakhstan that desire financial services integration and greater access to the financial opportunities, relative stability, and integrity of the U.S. securities markets.
Pursuant to the Acquisition Agreement, FRHC acquired FFIN Securities, Inc., a Nevada corporation, (“FFIN”) from Timur Turlov and controlling interest in FRHC was transferred to him. FFIN was established to create or acquire a registered broker-dealer in the United States. At the same time, FRHC began upgrading the financial reporting capabilities of its foreign acquisition candidates to meet the regulatory standards imposed upon FRHC as an SEC registrant and pursuing the governmental approvals to permit FRHC ownership of the acquisition candidates.
In June 2017, FRHC closed the acquisition of LLC Investment Company Freedom Finance, a Russian limited liability company (“Freedom RU”) as a wholly owned subsidiary, which included three wholly owned operating subsidiaries, including JSC Freedom Finance, a Kazakhstan joint stock company (“Freedom KZ”), LLC First Stock Store, a Russian limited liability company (“Freedom 24”) and LLC FFIN Bank, a Russian limited liability company (“FFIN Bank”). Freedom RU also maintains a representative office in Kazakhstan, referred to herein as “KZ Branch.” In 2017, FFIN decided to delay application for broker-dealer registration in the United States until such time as FRHC completes integration of its foreign operating subsidiaries.
Subsequent to the quarter end, in November 2017, we received final regulatory approval to complete the acquisition of FFINEU Investments Limited, a Cyprus limited company (“Freedom CY”) and closed the acquisition of Freedom CY on November 10, 2017. We also entered into an agreement to acquire LLC Freedom Finance Ukraine, a Ukranian limited liability company (“Freedom UA”), subject to receipt of required regulatory approvals.


Timur Turlov & Co...arrived in the USA for completion of acquisition  September 2017

Follow CEO Timur Turlov on Instagram!

On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.

On June 29, 2017, BMBM closed the acquisition of LLC Investment Company Freedom Finance (Russia) (“Freedom RU”). The acquisition of Freedom RU included the securities brokerage and financial services business conducted by it in Russia, along with its wholly owned subsidiaries: JSC Freedom Finance (Kazakhstan) (“Freedom KZ”), and the securities brokerage and financial services business conducted by it in Kazakhstan; LLC FFIN Bank (Russia) (“FFIN Bank”), and the banking business conducted by it in Russia, LLC First Stock Store (Russia) (“FSS”), and the online securities marketplace it provides to Russian investors, and Branch Office of IC LLC Freedom Finance in Kazakhstan, (Kazakhstan) (“KZ Branch”) organized to serve as the representative office of Freedom RU in Kazakhstan.

November 6th, 2017 DONE!***Pursuant to the terms of the Acquisition Agreement, BMBM also has the right to acquire from Mr. Turlov 100% of the equity interests of FFINEU Investments Limited (Cyprus) (“Freedom CY”), and the securities brokerage and financial services business conducted by it in Cyprus. BMBM and Mr. Turlov are currently working with the Cyprus Securities and Exchange Commission to obtain necessary regulatory approval to transfer ownership to BMBM.

September 6th, 2017 A Reverse Stock Split (1:25) took effect.
October 11, 2017 Employee Incentive Program share dispersal announced.
November 14, 2017 10-Q  (Quarter ending Sept. 30, 2017)


FFIN proposes to conduct business as a U.S. securities broker-dealer and proposes to file applications to become a member of FINRA and a licensed securities broker-dealer with the SEC and applicable state securities commissions. $FRHC to up-list to the NYSE (Spring 2018).

 All Edgar Filings
OTC Markets Filings


*Freedom Finance will act as the underwriter AND market maker for the IPO of the Bank of Astana



Wikipedia Russia
Wikepedia US

Social Networks



Eastern Economic Forum   September 2017  Vladivostok, Russia

Kazakhstan/Cyprus Exchange Membership

Activity (volume ranking) KAZ

Ranked #1 2017

Activity (volume ranking) Moscow

           16 777 205 282     Ruble volume in November 2015

20 375 071 292    Ruble volume in July 2017


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Our Services

The experts at the Freedom Finance company have been engaged in investments in international financial markets for over 10 years. We offer you services in the investment industry. This is our lifetime project, and we know it inside out.
Discover new opportunities and invest with us in the top companies in the world!

*Brokerage services of exceptional quality and ability to trade on your own.

*Reliable access to trading on the world's major stock exchanges. 

*Asset management

*Smart technology in the asset trust management for those who want to discover new revenue opportunities.
Portfolios of dividend stocks, options strategies with limited risk, investing in gold or in the most technologically advanced companies in the world – just choose your investment strategy and entrust the work to the professionals. Balanced risk management and significant experience to ensure our clients' objectives achievement.

*The Freedom Finance Investment Company organizes access for qualified investors for trading of on the world's leading exchanges: NYSE (New York Stock Exchange), LSE (London Stock Exchange), European and Asian stock exchanges. The company's clients have access to more than 10 thousand various financial instruments - stocks of S&P500 and the world's leading companies, options, futures, corporate and government bonds, various investment funds (sector, index , margin, bond) and ETFs.




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FRHC News: Current Report Filing (8-k) 06/12/2018 01:34:22 PM
FRHC News: Current Report Filing (8-k) 03/08/2018 04:40:58 PM
FRHC News: Statement of Changes in Beneficial Ownership (4) 03/06/2018 03:32:46 PM
FRHC News: Quarterly Report (10-q) 02/14/2018 03:45:05 PM
PlusOneCoin Top Posts
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#5457  Sticky Note More than a broker: how to make money Quintessence 05/27/18 08:14:48 PM
#4932  Sticky Note Freedom Holding attracted more than $ 40 million HMB2010 03/22/18 02:23:34 PM
#4096  Sticky Note Wh Supervisor 01/14/18 01:21:17 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#5748   that will be awesome $FRHC love your neighbor 06/22/18 05:14:27 PM
#5747   The only thing cooler is gonna be seeing HMB2010 06/22/18 05:10:46 PM
#5746   sweet $$$ $FRHC $$$ love your neighbor 06/22/18 04:05:56 PM
#5745   Agree. That soccer commercial - World Cup a HMB2010 06/22/18 03:39:08 PM
#5744   Wow! Impressive! I think FRHC is becoming Quintessence 06/22/18 03:37:12 PM
#5743   Check out vid! Also where new HMB2010 06/22/18 03:21:27 PM
#5742   Or maybe their equivalent of Superbowl in that Quintessence 06/22/18 08:02:00 AM
#5741   Alright! See? A producer, getting that HMB2010 06/22/18 07:29:13 AM
#5740   Freedom Finance held a meeting of the closed Quintessence 06/22/18 07:05:37 AM
#5739   I doubt it - nothing works in US HMB2010 06/21/18 06:47:36 PM
#5738   So we have 2 things to look forward Quintessence 06/21/18 04:39:35 PM
#5737   Thanks HMB2010 I see it now. shanak10 06/21/18 02:44:22 PM
#5736   He replied to your question of what "soon" HMB2010 06/21/18 02:33:08 PM
#5735   Did TT say July? I can't access him shanak10 06/21/18 02:28:06 PM
#5734   "Just after 10K, July". Thats the awesome quote HMB2010 06/21/18 02:14:07 PM
#5733   We have more than $ 600 million of HMB2010 06/21/18 01:48:01 PM
#5732   Finally a tiny trade. shanak10 06/21/18 01:47:20 PM
#5731   Not even snack worthy. Lol HMB2010 06/21/18 01:36:57 PM
#5730   Meanwhile...another slow day. Quintessence 06/21/18 12:42:52 PM
#5729   MAy Be the 10-K. Once anyone sees all HMB2010 06/20/18 05:38:06 PM
#5728   another day in the life of a growing The_Free_Nebula 06/20/18 05:09:21 PM
#5727   Very slow. TT on his way back Quintessence 06/20/18 01:53:30 PM
#5726   Wow. Super slow day... HMB2010 06/20/18 12:55:10 PM
#5725   Branding! HMB2010 06/19/18 12:52:01 PM
#5724   Backstage of photoset for our new commercial Quintessence 06/19/18 11:34:02 AM
#5723   Ah, yes - plans to expand into Europe! Quintessence 06/19/18 11:03:16 AM
#5722   "We have a European license, we will try HMB2010 06/19/18 10:59:05 AM
#5721   What about Berlin? Quintessence 06/19/18 10:43:13 AM
#5720   Berlin !!! HMB2010 06/19/18 10:25:40 AM
#5719   Wow is that really a true bid and ask? The_Free_Nebula 06/19/18 10:19:32 AM
#5718   Bid moving up a little. Hopefully we Quintessence 06/19/18 10:09:45 AM
#5717   Damn fine information. You killed it Quin, thanks HMB2010 06/19/18 10:07:44 AM
#5716   Good interview of Timur Turlov by Tatarstan Business Quintessence 06/19/18 08:26:34 AM
#5715   IG: Freedom Finance employees win Triathlon Quintessence 06/18/18 10:48:46 AM
#5714   I think that sounds quite reasonable. Slow Quintessence 06/17/18 12:56:00 PM
#5713   I expect the share price to continue to The_Free_Nebula 06/17/18 12:17:22 PM
#5712   25-May-2018 Privacy Policy Update HMB2010 06/16/18 09:39:40 PM
#5711   Go with.... HMB2010 06/16/18 02:57:17 PM
#5710   Obiwan, I will follow. You are my only hope. heidibrown 06/16/18 01:08:20 AM
#5709   And all buys again. This ticker is HMB2010 06/15/18 06:04:20 PM
#5708   starting to get spoiled by green again.... The_Free_Nebula 06/15/18 04:46:18 PM
#5707   I sleep well, no worries with FRHC! HMB2010 06/15/18 04:02:53 PM
#5706   Good weekend to all and Happy Fathers Day! HMB2010 06/15/18 04:02:03 PM
#5705   We made it. Green is good. Quintessence 06/15/18 04:01:43 PM
#5704   Hey hey Green it is!!! Hold 68 HMB2010 06/15/18 02:52:38 PM
#5703   There's a little upward movement. Let's close green! Quintessence 06/15/18 02:30:54 PM
#5702   If nibbles keep it up, will eventually. Would HMB2010 06/15/18 01:00:04 PM
#5701   need to see an uptick in price The_Free_Nebula 06/15/18 11:12:27 AM
#5700   Nice pic from Moscow. You just never Quintessence 06/15/18 08:09:58 AM
#5699   Its been a week since broke 10k in HMB2010 06/15/18 08:07:43 AM