APU BECOMES FIRST MONGOLIAN COMPANY WITH MNT 1 TRILLION WORTH OF MARKET CAPITALIZATION

APU JSC, listed in ‘Classification I’ of the Mongolian Stock Exchange, became the first Mongolian company with MNT 1 trillion worth of market capitalization in the history of the Mongolian stock market.

 

The market capitalization of the company's securities reached MNT 1,009,315,777,973.36.

 

APU JSC's shares, listed on the Mongolian Stock Exchange in 1992, were initially traded on the secondary market on September 11, 1995 for MNT 101.

 

At the time, the market value was estimated at MNT 75 million, which grew to become MNT 1 trillion 26 years later. “This has been an event that demonstrated efficiency of the stock market not only to its over 9,000 shareholders, but also to the public,” reported the Mongolian Stock Exchange.

 

 

Established in 1924, APU JSC is one of the leading beverages producer in Mongolia.

 

 

Source: https://www.montsame.mn/en/read/271246