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Events
Two New Products Launched on Mongolian Stock Exchange www.montsame.mn
Two companies have launched new products on the Mongolian Stock Exchange. Specifically, “Shunkhlai” LLC started the primary market trading of “Shunkhlai” bonds, while a bell-ringing ceremony for the IPO of “Tenger Daatgal” LLC was held on November 28, 2024.
The IPO orders for “Tenger Daatgal” will be accepted through the MSE's IPO system until December 4, 4:00 PM.
• Name of the security: “Tenger Daatgal” LLC
• Total number of securities: 60,000,000 shares
• Number of shares to be offered to the public: 12,500,000
• Public offering price: MNT 800
• Total amount of funds to be raised: MNT 10,000,000,000
“Shunkhlai” LLC has issued open bonds with an annual interest rate of 17 percent. Trading orders are being accepted through the IPO system of the Mongolian Stock Exchange until December 9, 2024.
• Bond name: “Shunkhlai” bond
• Total number of bonds: 800,000
• Bond face value: MNT 100,000
• Total value of bonds: MNT 80,000,000,000
• Bond interest/yield rate: 17 percent
• Bond term: 12 months.
Published Date:2024-12-04
