Home > Boards > US OTC > Banking and Finance >

Freedom Holding Corp. (FRHC)

Add FRHC Price Alert      Hide Sticky   Hide Intro
Moderator: love your neighbor , HMB2010, heidibrown, Quintessence
Search This Board: 
Last Post: 11/17/2018 6:56:56 AM - Followers: 67 - 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)

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.




Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
FRHC News: Quarterly Report (10-q) 11/14/2018 06:16:24 AM
FRHC News: Current Report Filing (8-k) 09/21/2018 11:56:03 AM
FRHC News: Statement of Changes in Beneficial Ownership (4) 09/07/2018 10:49:14 AM
FRHC News: Quarterly Report (10-q) 08/14/2018 05:18:22 PM
FRHC News: Current Report Filing (8-k) 07/27/2018 12:41:00 PM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#6318  Sticky Note Market Capitalizations to shoot for... The_Free_Nebula 09/29/18 10:56:45 PM
#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
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#6530   The economy of Kazakhstan is wide and diverse. Quintessence 11/17/18 06:56:56 AM
#6529   My theses today, on the exchange forum in Quintessence 11/16/18 05:34:10 PM
#6528   Long term investment....Hanging with TT bringing the possibilities The_Free_Nebula 11/16/18 04:25:31 PM
#6527   Back an line and once again the next The_Free_Nebula 11/16/18 02:59:13 PM
#6526   Next trade it goes green....Time to hit the The_Free_Nebula 11/16/18 10:46:00 AM
#6525   FRHC - And just like that the bulls The_Free_Nebula 11/15/18 08:15:43 PM
#6524   Thanks for insight TFN. HMB2010 11/14/18 07:09:21 PM
#6523   FHRC - The bears crushed it today. The_Free_Nebula 11/14/18 05:29:56 PM
#6522   Hanging on for the ride.... The_Free_Nebula 11/14/18 05:12:38 PM
#6521   Someone sold/bought a butt load at $8.42; HMB2010 11/14/18 02:57:54 PM
#6520   We have pursued an aggressive growth strategy during HMB2010 11/14/18 08:37:55 AM
#6519   10Q https://www.sec.gov/Archives/edgar/data/924805/000165495418012588/frhc_10-q. shanak10 11/14/18 07:11:47 AM
#6518   Today, solemnly opened trading in shares of Kazatomprom Quintessence 11/14/18 06:16:31 AM
#6517   Freedom Finance Bank has provided access to the Quintessence 11/12/18 11:29:25 AM
#6516   Berlin was mentioned months ago as opening an HMB2010 11/11/18 06:22:00 PM
#6515   Is amazing and refreshing for CEO, especially on HMB2010 11/11/18 06:20:34 PM
#6514   Berlin? Did I miss something? heidibrown 11/11/18 06:18:53 PM
#6513   It just so happens I was about to Quintessence 11/11/18 05:54:09 PM
#6512   Very curious of his plans going forward. Thank HMB2010 11/11/18 05:43:03 PM
#6511   Good stuff! "Freedom Holding Corp has hired this Quintessence 11/11/18 05:41:22 PM
#6510   https://instagram.com/p/BqDASERAysF/ HMB2010 11/11/18 05:36:41 PM
#6509   Speaker: Freedom Finance Senior Investment Consultant Dmitry Baryshnikov. Quintessence 11/10/18 01:23:39 PM
#6508   Today, the super-intensive forum of directors of branches Quintessence 11/10/18 12:11:46 PM
#6507   FRHC - Friday folks took profits and the The_Free_Nebula 11/10/18 10:03:45 AM
#6506   Expecting to see some late move back over The_Free_Nebula 11/09/18 03:43:40 PM
#6505   Whoa 10k just went through!! HMB2010 11/09/18 11:34:36 AM
#6504   Well we see where SP is heading.... HMB2010 11/09/18 10:43:22 AM
#6503   Yes I believe Turlov mentioned opening/starting an exchange HMB2010 11/09/18 08:07:12 AM
#6502   Today we were at a meeting in the Quintessence 11/09/18 07:05:59 AM
#6501   weird action on L2? heidibrown 11/08/18 01:28:40 PM
#6500   next stop $10 $$$ $FRHC $$$ love your neighbor 11/08/18 12:18:02 PM
#6499   Yes.... The_Free_Nebula 11/07/18 08:28:41 PM
#6498   Awesome day today $FRHC. shanak10 11/07/18 08:13:07 PM
#6497   Awesome! Thanks for sharing! HMB2010 11/07/18 05:23:07 PM
#6496   Meet Timur Turlov - a successful entrepreneur and Quintessence 11/07/18 04:55:32 PM
#6495   Nice day! heidibrown 11/07/18 04:07:42 PM
#6494   Thought you were crazy for a minute, lol, HMB2010 11/07/18 04:05:58 PM
#6493   What a day, what a close - another HMB2010 11/07/18 04:04:33 PM
#6492   Great move today! $9.20 close. Quintessence 11/07/18 04:01:36 PM
#6491   TMI but my brother asked when he saw HMB2010 11/07/18 03:59:14 PM
#6490   Me too usually, but not tempted at all HMB2010 11/07/18 03:49:30 PM
#6489   9.40 heidibrown 11/07/18 03:11:54 PM
#6488   I am guessing $9.26 today... Greedy The_Free_Nebula 11/07/18 03:02:26 PM
#6487   Fair Warning: having never done so in previous HMB2010 11/07/18 12:10:34 PM
#6486   Yes, hoping we see $10 in the future! Quintessence 11/07/18 11:59:54 AM
#6485   FRHC, congratulation for a new 52 weeks high PennyFans 11/07/18 10:09:52 AM
#6484   Good call, does appear $9 is looming. Amazing! HMB2010 11/07/18 09:43:30 AM
#6483   kind of felt it.. The_Free_Nebula 11/07/18 09:39:48 AM
#6482   Agree love your neighbor 11/06/18 08:29:31 PM
#6481   Nice day with heavy volume. FRHC is Quintessence 11/06/18 08:21:16 PM