Freedom Holding Eyes Secondary Hong Kong Listing and Major Expansion into Turkey, Europe

Freedom Holding Corp. (FRHC) CEO Timur Turlov announced major international expansion plans, including acquisitions in Europe and Turkey, and considering a secondary public offering in Hong Kong to fund the growth.

• The company is actively looking to acquire or found banks in Europe and Turkey.
• The acquisition in Turkey is expected to conclude in the coming months, alongside expansion into Pakistan.
• Shares were trading down 0.77% following the announcement.