Freedom Holding Corp (FRHC)

[Quintessence]

Freedom Finance and the Tashkent Stock Exchange signed a memorandum of cooperation.

https://www.gazeta.uz/ru/2018/09/15/freedom-finance

Investment company Freedom Finance and RSE "Tashkent" have agreed on partnership in the development of the stock market of Uzbekistan. A memorandum on cooperation in the development of the stock market of Uzbekistan was signed between the investment company Freedom Finance and the Republican Stock Exchange Tashkent. The partners expect that due to their joint efforts each resident of the country can become an investor on the stock exchange and receive income from their investments in securities. This is already practiced by millions of wealthy Americans or over 100,000 residents of neighboring Kazakhstan.

In Uzbekistan, it is expected to launch programs to privatize dynamically growing companies, which are now under state control. Residents of the republic will get an opportunity for the first time to become co-owners of the largest national enterprises, with a prospect to start earning not only on dividend payments, but also on the growth of stock quotes of these companies.