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Freedom Holding Corp. (FRHC)

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Last Post: 5/12/2022 9:09:05 PM - Followers: 63 - Board type: Free - Posts Today: 0






Share Structure:

Authorized Shares: 500,000,000
Outstanding Shares: 58,358,212 (As of 08/17/2020)
Restricted Shares: Not available
Float: 15,148,567 (As of 06/26/2018)


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)

Timur Turlov among expert panelists at the Mobile Services and Payments - MobiEvent'18. 



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



Soon http://ffin.us

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


10300446 684716458252549 845562359821088958 n

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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#7837   Interesting The_Free_Nebula 05/12/22 09:09:05 PM
#7836   Some Stock picks by Timur Turlov (that he Quintessence 05/12/22 02:49:30 PM
#7835   Agree. shanak10 03/21/22 11:16:27 AM
#7834   not really a surprise.... The_Free_Nebula 03/19/22 12:41:45 PM
#7833   https://finance.yahoo.com/news/p-global-ratings-freedom-holding-180000935.html shanak10 03/18/22 06:06:47 PM
#7832   yep The_Free_Nebula 03/03/22 09:42:14 AM
#7831   Brilliant to be based in Kazakhstan ... HMB2010 03/03/22 09:39:28 AM
#7830   TT is a real mover and shaker. The_Free_Nebula 02/28/22 06:54:40 PM
#7829   Wow got fillled this morning at 43 LowFloatLopes 02/24/22 11:41:06 PM
#7828   Interesting read. I agree folks need to The_Free_Nebula 02/24/22 02:12:02 PM
#7827   Thanks for posting Quin! HMB2010 02/24/22 09:36:17 AM
#7826   Indeed. Here are some thoughts Timur Turlov Quintessence 02/24/22 09:30:03 AM
#7825   Thoughts and prayers with Ukraine at this astounding, HMB2010 02/24/22 08:39:02 AM
#7824   10Q https://www.sec.gov/ix?doc=/Archives/edgar/data/924805/000092480522000012/fr shanak10 02/09/22 05:13:37 PM
#7823   TT Still making money moves The_Free_Nebula 01/26/22 01:56:08 PM
#7822   https://finance.yahoo.com/news/freedom-holding-corp-subsidiary-top-042500033.htm shanak10 01/21/22 09:16:11 AM
#7821   Thanks for posting. Very sad. HMB2010 01/14/22 09:26:24 AM
#7820   Is it just me or could this easily LowFloatLopes 01/12/22 09:56:07 AM
#7819   Sad news from Kazakhstan. Timur posted this Quintessence 01/06/22 08:58:29 AM
#7818   https://finance.yahoo.com/news/freedom-holding-corp-announces-expansion-21550098 shanak10 12/09/21 07:56:34 AM
#7817   I see. Thank you Rusty12 12/04/21 05:47:59 PM
#7816   And that’s why they sold bonds , to wellsg27 12/04/21 12:54:19 PM
#7815   That’s big stuff buddy! Rusty12 12/04/21 12:11:47 PM
#7814   Wow ! https://www.bloomberg.com/news/articles/2021-12-03/mkm-partners-signs-deal HMB2010 12/04/21 10:50:24 AM
#7813   The stock is not acting well to the wellsg27 11/23/21 01:19:38 PM
#7812   8K https://www.sec.gov/Archives/edgar/data/924805/000165495421012504/0001654954- shanak10 11/22/21 07:15:22 PM
#7811   yes it does... The_Free_Nebula 11/08/21 09:40:06 AM
#7810   Looks like yet another banner day for FRHC! HMB2010 11/08/21 08:54:28 AM
#7809   10Q https://www.sec.gov/Archives/edgar/data/924805/000165495421011744/0001654954 shanak10 11/08/21 08:22:19 AM
#7808   Very nice! HMB2010 11/03/21 04:33:10 PM
#7807   It's been a while since FRHC put back The_Free_Nebula 11/03/21 03:06:57 PM
#7806   new 52 week high today... The_Free_Nebula 11/02/21 11:59:08 AM
#7805   Wow! Congrats Quin!! HMB2010 10/15/21 06:52:44 AM
#7804   Yup. I'm holding all my shares! Quintessence 10/13/21 06:29:36 PM
#7803   still growing and improving The_Free_Nebula 10/11/21 09:43:07 AM
#7802   https://www.businesswire.com/news/home/20211011005081/en/Freedom-Finance-Europe- HMB2010 10/11/21 07:43:01 AM
#7801   8K https://www.sec.gov/Archives/edgar/data/924805/000165495421010091/0001654954- shanak10 09/15/21 08:00:47 AM
#7800   https://www.investors.com/research/growth-stocks-to-watch-emerging-markets-broke HMB2010 09/02/21 08:12:51 AM
#7799   For three months Freedom Holding Corp. earned $ Quintessence 08/09/21 09:18:49 AM
#7798   https://www.sec.gov/Archives/edgar/data/924805/000165495421008600/0001654954-21- shanak10 08/09/21 07:47:43 AM
#7797   Agreed. Yeah i saw this and first about HMB2010 08/04/21 04:29:58 PM
#7796   https://ffj-online.org/2021/08/02/freedom-holding-the-red-flag-factory-in-belize wellsg27 08/02/21 09:30:53 AM
#7795   Schedule 14A shanak10 07/29/21 06:03:43 PM
#7794   https://www.sec.gov/Archives/edgar/data/924805/000165495421008064/FRHC_144.htm shanak10 07/20/21 12:33:45 PM
#7793   FRHC staying hot... The_Free_Nebula 07/06/21 11:59:50 AM
#7792   Saw that today. Thanks for posting, I HMB2010 07/01/21 11:02:57 PM
#7791   Freedom Finance Bank Offers to Get a Mortgage Quintessence 07/01/21 02:43:24 PM
#7790   Thank you HMB and Neb wellsg27 06/28/21 04:24:48 PM
#7789   I too remember him. Sincerest condolences to you HMB2010 06/26/21 07:17:08 AM
#7788   https://www.gurufocus.com/news/1462861/freedom-holding-corp-subsidiaries-sp-glob HMB2010 06/26/21 07:15:22 AM
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