Within the “Action Plan for Increasing the Participation of TOP-100 Companies in the Capital Market” in 2023, today, April 12, 2024, the Financial Regulatory Commission (FRC) and the Mongolian National Chamber of Commerce and Industry (MNCCI) jointly organized the discussion on "Advantages of being a public company and impact on the capital market".
"Mongolian Stock Exchange" JSC, "Khan Bank" JSC, capital market participants and representatives of infrastructure organizations, and the European Bank for Reconstruction and Development participated in the discussion and provided detailed information on relations and issues to be considered. "Mongolian Stock Exchange" JSC provided advice and information to the representatives of participating organizations on the IPO process.
More than 150 representatives participated in the discussion. The Financial Regulation Committee, "Mongolian Stock Exchange" JSC, and related parties have established a working group to make appropriate amendments to relevant rules and regulations, to take policy measures, and to increase the participation of TOP-100 companies in the capital market by reducing and simplifying the conditions and requirements of listing and bond issuance for companies as part of the program.
Last year, seven domestic companies raised MNT 338.1 billion through IPOs, and six companies raised MNT 107.5 billion by issuing bonds.
MONGOLIAN STOCK EXCHANGE