FPO
Building on its prior achievements and in line with its business plan, Invescore NBFI took a strategic step forward by launching a Follow-on Public Offering (FPO). This decision was also motivated by the company's compliance with the Financial Regulatory Commission's regulations.
In this FPO, Invescore released 4,016,363 shares to the public at a price of 4155 tugriks per share. This issuance was met with a resounding success, achieving a 100% subscription rate.The funds raised were strategically allocated, with 30% directed towards the company's operations in Kyrgyzstan and Kazakhstan. The remaining 70% was invested in the domestic market, specifically aimed at expanding the loan portfolio. This entire amount has been successfully disbursed, indicating the effective execution of the company's growth strategy.