Freedom Holding Corp (FRHC)

[HMB2010]

Got enough shares? Then don't let this sink in as to how big this is or connect the dots.

** remember Sunrise and Voskhod from 1 year ago??
YESTERDAY

MOSCOW, August 30. / Corr. Mari Mesropyan. Enterprises of the Far East have a high need for financing, but often the rate on bank loans is too high for them. In this regard, the Russian authorities have been conducting so-called bonding (the development of the bond market - TASS) of the Russian regions for several years, in which small and medium-sized companies are encouraged to issue bonds, the rate of which is usually lower than the loan rate.
Elena Chaikovskaya, the head of the Bank of Russia's financial markets development department, said earlier that there are few issuers in the Far East, although this is a region with great potential.
The investment platform "Sunrise"
Exactly one year ago, within the framework of the Eastern Economic Forum, the "Voskhod" investment platform was launched, which was to become the driver of investment growth in the Far East. Russian President Vladimir Putin then said that Voskhod opened direct access to shares and bonds of Far Eastern companies for Russian and foreign investors.

"Sunrise" was established by the Far East Development Foundation (FEFD) and the RTS non-profit partnership on the Freedom24.ru website, through which it is possible to buy securities. Voskhod operates without the financial participation of the FRDF, but the fund approves issuers who want to place bonds on this platform.
This platform is attractive both for investors and for issuers, a representative of NP RTS is sure: for example, OOO Aviaterminal (daughter company of Khabarovsk airport), which in 2016 placed bonds for 100 million rubles, for a year was convinced of the efficiency Of this instrument and within the framework of the WEF-2017 decided to place a new issue.
"For companies, attracting capital through Voskhod is a convenient way to reduce risks and expand the range of sources of attracting financing," says a representative of the RTS Non-Commercial Partnership. According to him, within the framework of VEF-2017, the results of the placement of bonds of three Far Eastern issuers will be announced, which will allow the investment system "Voskhod" to overcome the billion-dollar line by the volume of attracted investments since its launch in September 2016.
For ordinary citizens, a transparent mechanism has been implemented in the platform "Voskhod", the representative of the NP RTS continues: "They see how investments bring revenue and work for the development of the national economy, a particular region and the enterprise, while bonds are attractive at their rates - higher than banks And it is also important that the coupon income from January 2018 will not be subject to personal income tax. "
"The investment system" Voskhod "is a new financial tool and, like any new direction, it causes active interest on one hand, and on the other - a certain fear of the unknown.We understand this perfectly, therefore we work with each issuer and investor individually," - He concluded.
Is there a need and how to motivate it?
At the moment, the bond market remains open primarily for companies from large businesses that have a fairly high credit rating, says Fridr finance CEO Timur Turlov.
"The cheapest credit resources in the country are now located with state-owned banks and, other things being equal, many regional companies from the middle and large [segment] do not see any reason to enter the public market, having a lender that understands them, offering direct access to a fairly cheap and long debt And borrowing from pension funds, insurance companies, foreign investors and the interbank market is the privilege of the largest borrowers, often represented at the federal level, "he said.
The retail investment market has only just begun to develop actively, Turlov continues: "Investors need to have time to taste the market, get a certain positive investment experience." If successful, the market can grow exponentially, but the start is always slow enough. "
According to NP RTS, the total demand of the Far Eastern region for investments is estimated at more than 150 billion rubles. The demand for Far Eastern issuers is high, but most are poorly aware of exchange instruments and do not know how to use them, he says: "The withdrawal of Far Eastern issuers into the stock market takes longer than we expected - the lack of in-depth expertise in financial markets among interested companies."
According to him, from the point of view of costs, the first access to the organized financial market may require slightly higher expenses from the company than a classic loan, but later the cost of financing for new placements is reduced along with the emergence of benefits - the flexibility to attract or repay the amount, a wide range of investors, The possibility of unsecured financing, and so on.
While many companies launching projects in the Far East, feel the soil. The more new projects there will be, the higher the demand for market-based capital raising mechanisms, alternative to shareholder and bank financing, the representative of the FRDF believes. To increase the attractiveness of exchange instruments in the Far East, it is necessary to offer issuers new services and reduce transaction costs for them, he is sure: "To attract investors, it is necessary to increase financial literacy, promote the Voskhod site abroad, alliances with Asian stock exchanges."
According to Turlov, in order to stimulate the attraction of debt capital from China, it is necessary to pay more attention to marketing tools in China itself and the currency risk insurance market in yuan / ruble pairs.
Tax privileges on operations with securities of Far Eastern issuers, simplification of the procedure for attracting foreign investments into Far Eastern projects and procedures for issuing securities, application of mechanisms for state insurance of brokerage accounts - that will help the development of the bond market in the Far East, the representative of the NP RTS listed.



http://tass.ru/ekonomika/4519170




HOW TO REPLENISH YOUR BROKERAGE ACCOUNT ON IP VOSKHOD
Users can replenish their brokerage account in the personal account in the "Add / Remove" section of the IP Voskhod in two ways:

1) using a bank card. When replenishing a brokerage account from a bank card, a bank fee of 2%

2) by bank transfer. To do this, at the branch of your bank or through the Internet bank, make a transfer of funds according to the following requisites:

Full name: Limited Liability Company Investment Company "Fridom Finance"

Short name: LLC IK "Freedom Finance"

Full name in English: Investment Company Freedom Finance Limited liability company

Abbreviated name in English: IC Freedom Finance LLC

Purpose of payment: Application for accession to Regulation No. XXX of ???????, crediting of funds for trading on the stock market, PJSC SPB (you must indicate your brokerage number and its date)

INN / CAT: 7705934210/770201001

OGRN: 1107746963785

Location: 129090, Moscow, Olimpiysky Prospekt 14, BC "Diamond Hall", 9 floor

Phone: [phone]

Bank details:

R / s 40701810400000101178

In OOO "FFIN BANK", Moscow

Cor / ac 30101810245250000900

BIC 044525900

https://voskhod.finance/support/faq/



TODAY:
Timur Turlov: "We can become the first financial holding company from the CIS with a listing on the NYSE"
08/31/2017 10:45 AM 3789 0 Author: Dinara SHUMAEVA

The founder of the investment company Freedom Finance Timur Turlov in an interview with "K" disclosed some details of the upcoming IPO of his company on the New York Stock Exchange ( NYSE ). According to him, in the future placement will be able to participate a wide range of Kazakhstan investors. If the company passes the listing on the NYSE , it will be the first and so far the only holding company in the CIS, whose shares will be traded on the US stock exchange.

- For what purpose do you go on an IPO on the NYSE? What are your main goals?

- At the moment we are actively engaged in preparing for the process. Our main goal is to demonstrate our ability to withstand the highest standards in information disclosure, transparency in our reporting and corporate governance. For us, this is a chance to attract additional capital to support the active growth of our business, and to get an independent assessment of our business from American institutional investors.



- How much funds do you plan to attract during the IPO? From which investors (mostly - institutional or private)?

- At the moment, we have not yet put an end to the discussion of the structure and scope of the future placement, but, unequivocally, we expect that our staff, key partners, as well as private and professional investors will be able to participate in this placement.

- Who is your underwriter?

- We suggest that this placement will have several underwriters, but at the moment the final decision has not yet been taken.

- Will you hold a road show?

- Of course, but closer to the final stage of the public offering and this event we plan to implement on the horizon 4-6 months.

- What are the approximate dates of the IPO? Will Kazakh investors participate in it?

- A wide range of Kazakhstan investors will be able to access this placement after passing the listing in New York, we plan to implement this on the horizon for 6 months.

- Do you even know the approximate preliminary parameters of the price of your company's stock?


- While we are not ready to voice even an indicative estimate. Our own capital, according to the latest consolidated accounts of our holding, is just over $ 58 million, own assets exceed $ 164 million, and profit for the last quarter is $ 8.4 million.

- How tough are the listing requirements for the NYSE? Can you name some?

- For the listing procedure, the company must meet at least the following quantitative criteria:

- Do we understand correctly that after the IPO on the NYSE you will become an American company of Freedom Holding Corp.? How then will you position yourself in the market of Kazakhstan and Russia? As an American company? Will you have licenses from local regulators?

"The company's positioning should not change, it's just that our local companies will become part of the American public holding, focused on operations in the CIS countries and Eastern Europe.

- How much and what papers of Russian or Kazakh companies are traded on the NYSE? Is Freedom Finance the first investment company in the Russian Federation to enter the NYSE?

- Yes, we can become the first financial holding company from the CIS with the listing on the NYSE.

https://www.kursiv.kz/news/finansy/timur-turlov-my-mozem-stat-pervym-finansovym-holdingom-iz-sng-s-listingom-na-nyse/



There are nine full member states of the Commonwealth of Independent States. [CIS]


Country[32] Agreement/protocol ratified Charter ratified Notes
Armenia 18 February 1992 16 March 1994 Founding state
Azerbaijan 24 September 1993 24 September 1993
Belarus 10 December 1991 18 January 1994 Founding state
Kazakhstan 23 December 1991 20 April 1994 Founding state
Kyrgyzstan 6 March 1992 12 April 1994 Founding state
Moldova 8 April 1994 15 April 1994
Russia 12 December 1991 20 July 1993 Founding state
Tajikistan 26 June 1993 4 August 1993
Uzbekistan 4 January 1992 9 February 1994 Founding state


I propose TT will be the clearing house and IPO underwriter (his specialty in KZ and RU now) for all these new Asian companies and is what he will use his overnight wealth and leverage for. Kazakhstan borders RU and China and the new Silk hwy is being built to connect through KZ. China, with it's gazillion population is the new frontier - RU and China are partners in many areas (look up gold accumulation) and won't need to cowtow to US like for past 72 years since end of WWII. China and RU are in for the long game, not this every 4 years, change parties every 8 - they plan, wait and monitor to fruition....
Not a conspiracy, just the evolving of other major nations emulating US....

so now any opinions? Comments? or buy some more???