Shares - MFC "Salym Finance"

Shares (IPO)

OJSC Salym Finance MFC is a microfinance organization that actively operates in the securities market, shows timely fulfillment of its obligations under the placed bonds and shares, dynamic development and transparency of its activities. OJSC Salym Finance MFC successfully placed the second issue of preferred shares.

Shareholders owners of preferred stockholders have the advantage, expressed in their right to receive an annual fixed number of dividends, regardless of the company's profits, and are also restricted in their right to vote at the General meeting of shareholders on management issues.

OJSC MFC Salym Finance is the largest microfinance organization with domestic capital:

  • Assets — 6,5 billion KGS;
  • Borrowers, depositors, and bondholders – more than 25 000;
  • Offices throughout Kyrgyzstan – 33 offices;
  • Number of personnel — 252  employees.

 

In September 2020, a landmark event occurred - for the first time in Kyrgyzstan, the issue and public offering of preferred shares was carried out. The issuer was our company. As a result of the placement of preferred shares for 50 million KGS - the number of new shareholders amounted to 47, including 2 legal entities.

For questions regarding the activities of OJSC Salym Finance MFC and the acquisition of the second issue of preferred shares, please call: +996 312 614 589; +996 700 610 025; +996 559 610 025 (WhatsApp)

Frequently asked questions:

What are Preferred Shares?
A share is a security that gives its holder (shareholder) the right to receive part of the profit in the form of dividends, to participate in the management of affairs and part of the property in case of liquidation. Preferred shares give the right to receive an annual fixed number of dividends, and to part of the property upon liquidation - and therein lies their privilege. On these shares there are restrictions in the management of the company - for example, they cannot elect the governing bodies and determine the budget.
How much is one preferred share worth?
The nominal value of one preference share is 1000 soms
How much is the dividend per preferred share?
The amount of dividend per preferred share is 190 KGS per year or 19% per annum.
What do you need to buy preferred shares?
Visit the office of the “SENTI” company with your passport at the following address: 219, Chui Avenue, 9th floor. Phone numbers: +996 312 614 589; +996 700 610 025; +996 559 610 025 (WhatsApp)
What is an IPO?
This is a public offering of shares, i.e. the company's shares are offered to be bought by all interested parties.
What is the Salym Finance company?
The microfinance company is engaged in crediting and attracting deposits: - 16 years on the market; - one of the largest microfinance organizations in the country, with assets of 6.5 billion KGS; - serves more than 25 000 clients; - has 33 branches across the country and 252 employees; - cooperates with international funds, has an international financial rating.
What are the guarantees for the return of funds invested in Salym Finance shares?
When investing in shares of companies, including shares of Salym Finance, the buyer needs to rely on information about the history and public reputation, as well as about the financial condition of the company. Also under the law, return of funds invested in shares is defined in the case of liquidation of organizations and owners of preferred shares have a priority right of order of priority to receive property over owners of common shares.
When will the dividend payments be made?
Payment of dividends on preferred shares will be made annually at the end of the fiscal year after the General Meeting of Shareholders.
Where can I get my dividends?
Dividends on preferred shares are paid in the office of Salym Finance at 40, Manas Avenue (crossing Chui Avenue) or can be transferred to the account of the owner of the shares.
If it happens that I buy preferred shares by the end of the placement period, how will the dividends be accrued?
Even though the first dividend period is shorter, you receive a full dividend of 190 KGS per share.
In what form are preferred shares issued?
Preferred shares are issued in uncertificated form, in the form of entries on accounts.
What rights do holders of preferred shares have?
The shareholder has the following property rights: - to receive part of the profit (dividends) from the company’s activities and part of the property of the company in case of its liquidation; - bequeath, sell, transfer (pledge) shares or their part to citizens, legal entities, and other persons; - in accordance with the charter of the company to acquire shares issued by the company in the preferential order. The shareholder has the following non-property rights: - to participate in the management of affairs of the joint stock company in the manner prescribed by the Law of KR "On Joint Stock Companies" and the charter of the company; - defend his/her rights in court, to challenge the decisions made by the company, to challenge in court the validity of the issue; - receive information about the company in the manner prescribed by the Law of KR "On Joint Stock Companies" and the company charter.
What is the liquidation value of one preferred share?
The liquidation value of one preferred share is 1000 soms.