SECONDARY MARKET TRADING OF SHARES OF STOCK EXCHANGE COMMENCED

Ulaanbaatar /MONTSAME/. “Mongolian Stock Exchange” JSC commenced secondary market trading of shares with the alphabet code of “MSE” yesterday.

The Financial Regulatory Commission (FRC) considered the primary market trading of “Mongolian Stock Exchange” shares successful following its official letter No. 1/61, dated January 5, 2023, and approved the commencement of secondary market trading of shares of the company on January 9. FRC informed allowing investors to receive the remaining balance for their unallocated orders through their brokerage firms starting today.

The “Mongolian Stock Exchange” JSC raised MNT 57.8 Billion through 7.417 orders, which exceeded its initial target of MNT 11.9 billion by 4.8 times during its primary market trading. FRC reviewed the subscriptions according to 7.13 of the Regulation on Security Registration and issued a final report.