Kyrgyzstani company enters stock exchange with IPO for first time in history of country

Bishkek, Sept. 8, 2020 /Kabar/. From Sept. 8, 2020, the first public offering of preferred shares of one of domestic companies under IPO system started at the Kyrgyz Stock Exchange. IPO (Initial Public Offering) is a public offering of the company's shares at the stock exchange, thanks to which a wide range of participants invest through the purchase of company shares, and the company becomes public. "The Salym Finance MFC OJSC has become the "pioneers" who decided to enter the stock market of the country with their preferred shares became. This is a landmark event for the stock market of the Kyrgyz Republic, for the first time IPO is held in accordance with all the conditions of this process.