/KASE, April 5, 2023/ – YURTA Finance & Investment House JSC (Almaty), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press release stating:
According to the results of the trading on April 4, 2023 conducted at Kazakhstan
Stock Exchange, Saken Usser, a citizen of the Republic of Kazakhstan, became
a new shareholder of IFD "YURTA" JSC, controlling 100 % of the company's
Saken Usser has more than 11 years of successful experience in the stock
market, including in executive positions at Freedom Finance JSC, where he
worked until 2022 and today is an independent professional investor and has
obtained all the necessary approvals from the regulator in accordance with the
legislation of the Republic of Kazakhstan.
According to the strategy of the new shareholder, the Company will continue its
operation under a new brand and management and will focus on improving
services and expanding the customer base, as well as attracting more client
assets, especially large corporate and private investors.
The company also plans to increase its customer base in terms of market-making
and underwriting services and intends to take a competitive position in the
domestic bond market.
The complete press release in Kazakh and Russian is available at