Saken Usser became sole shareholder of YURTA Finance & Investment House

05.04.23 11:16
/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: quote ... 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 ordinary shares. 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. unquote The complete press release in Kazakh and Russian is available at [2023-04-05]