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30. Subsequent Events | 12 Months Ended
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Mar. 31, 2018
Subsequent Events [Abstract] |
Subsequent Events | The Company evaluated all material events and transactions that occurred after March 31, 2018 through June 29, 2018. Other than as disclosed below, during this period the Company did not have any additional material recognizable subsequent events. On April 12, 2018 Freedom KZ completed the acquisition of brokerage company JSC Asyl Invest (“Asyl”). Asyl was 100% controlled by the Company’s shareholder Timur Turlov. The consideration for closing of the sale was $2,250 which was equal to the fair value of the net assets received by the Company as result of the acquisition. On May 28, 2018 Freedom RU completed the acquisition of brokerage company LLC Nettrader (“Nettrader”). Nettrader was 100% controlled by the Company’s shareholder Timur Turlov. The consideration for closing of the sale was $3,816 which equals to the fair value of the net assets received by the Company as result of the acquisition. On June 4, 2018 Freedom KZ placed USD – Denominated bonds issued under Kazakhstan law. The total placement amount is $29.4 million with 8% fixed coupon rate and a maturity date of June 2021.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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