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Freedom Holding Corp. (FRHC)

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Last Post: 1/15/2019 10:59:11 AM - Followers: 66 - 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
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  • 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
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#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
#6697   Freedom Finance IC CEO: you cannot sell a Quintessence 01/15/19 10:59:11 AM
#6696   Instagram: Today I visited the Gaidar Economic Forum Quintessence 01/15/19 06:42:30 AM
#6695   Good volume and strong hold on SP. HMB2010 01/14/19 04:33:16 PM
#6694   Let's see if the afternoon brings out the bulls The_Free_Nebula 01/14/19 12:42:25 PM
#6693   Agree, 9's then 10's and beyond; just another HMB2010 01/11/19 04:49:34 PM
#6692   I am convinced that there is nothing special The_Free_Nebula 01/11/19 04:46:21 PM
#6691   Yes, nice close and volume continues to creep HMB2010 01/11/19 04:40:10 PM
#6690   nice week...up 5.5% on 131.6K shares The_Free_Nebula 01/11/19 04:06:04 PM
#6689   If the market continues its mini-rebound I think The_Free_Nebula 01/10/19 04:37:48 PM
#6688   Mid 9s up next? heidibrown 01/10/19 04:27:56 PM
#6687   Heavy volume and almost got to $9 - Quintessence 01/10/19 04:24:23 PM
#6686   The chart is looking good... The_Free_Nebula 01/10/19 04:15:26 PM
#6685   Looking great today! Quintessence 01/09/19 02:37:38 PM
#6684   Above average volume today...giddy up The_Free_Nebula 01/09/19 02:27:19 PM
#6683   "Without Fists" I like that. Thanks Quinn heidibrown 01/08/19 10:07:30 AM
#6682   Great interview, remaining bullish on ipo's in developing HMB2010 01/08/19 09:24:02 AM
#6681   Interview with Marat Sabirov, director of the Kazan Quintessence 01/08/19 09:12:31 AM
#6680   IG: Here you go. I went back to Quintessence 01/08/19 08:38:58 AM
#6679   The Turlov family is back from vacation. Quintessence 01/06/19 08:30:45 AM
#6678   Stockcharts.com is no longer allowed to have live The_Free_Nebula 01/05/19 02:00:23 PM
#6677   I suspect that the rollacoaster is not over The_Free_Nebula 01/04/19 12:08:46 PM
#6676   Good to be back above $8. Quintessence 01/04/19 11:12:03 AM
#6675   It is all good... 2019 will be special The_Free_Nebula 01/02/19 02:01:01 PM
#6674   Still on OTC but feels like we are HMB2010 01/02/19 01:51:22 PM
#6673   Moving with market forces The_Free_Nebula 01/02/19 01:29:56 PM
#6671   Happy New Year! 2019 here we come!!! HMB2010 12/31/18 01:29:15 PM
#6670   Happy New Year FRHCers! heidibrown 12/31/18 12:19:14 PM
#6669   Instagram: Happy New Year! Our traditional family Christmas photo. Quintessence 12/31/18 09:53:15 AM
#6668   "..large brand companies " gotta love that and HMB2010 12/30/18 10:07:26 AM
#6667   Freedom Finance mentioned in the "Significant events of Quintessence 12/30/18 09:52:33 AM
#6666   Dear friends, customers and partners! Please accept our sincere Quintessence 12/29/18 03:33:38 PM
#6665   And still very thin with pretty consistent volume HMB2010 12/28/18 01:52:58 PM
#6664   Ticker makes me want to cry for joy. HMB2010 12/28/18 12:22:52 PM
#6663   Moving well today. Quintessence 12/28/18 11:43:37 AM
#6662   Nice The_Free_Nebula 12/27/18 04:04:23 PM
#6661   And THERE ya go! heidibrown 12/27/18 04:00:33 PM
#6660   Exactly. Running with the Big Boys for better heidibrown 12/27/18 03:03:36 PM
#6659   FRHC definitely being impacted by this bear market The_Free_Nebula 12/27/18 02:51:18 PM
#6658   Freedom Finance summed up the subscription campaign for Quintessence 12/27/18 02:50:16 PM
#6657   Really like how this lays out Turlovs plan HMB2010 12/26/18 02:13:52 PM
#6656   Long interview with Timur Turlov at informburo.kz - Quintessence 12/26/18 09:27:51 AM
#6655   Happy Holidays and New Year to All! Looking forward HMB2010 12/24/18 11:41:13 AM
#6654   Yep. I added some Friday. sublime740 12/24/18 09:43:06 AM
#6653   Rare return to the 200 dma... Opportunity window The_Free_Nebula 12/21/18 11:54:01 PM
#6652   Any SP that starts with "8" will be HMB2010 12/21/18 03:02:23 PM
#6651   With breathing, happy campers, especially with blood bath HMB2010 12/21/18 12:17:03 PM
#6650   Yes, and now huge bid support at $8.20. Quintessence 12/21/18 12:15:33 PM
#6649   Still marketing genius like sponsoring contests, Tesla give HMB2010 12/21/18 12:13:56 PM
#6648   Oh, I see. Freedom Finance was one Porsche's Quintessence 12/21/18 10:34:03 AM
#6647   Nice little write up (or ad) about FF Quintessence 12/21/18 10:28:46 AM