In relation to the 10th anniversary of the first IPO conducted in Mongolia, MSE has welcomed Mr. D.Bayarsaikhan, the Vice Chairman of FRC and Mr. Sato Mutsumi, the Chief Representative of JICA Mongolia Office. To honor the occasion, they rang the bell to open the 5482th securities trading session.
As of today, 15 companies have raised MNT97.6 billion from public since the Mongol Shiltgeen JSC's IPO, the first IPO of Mongolia, was conducted successfully at the Mongolian Stock Exchange on May 25th of 2005.
With regards to the JICA, JICA has been implementing the Project for Capacity Building of Capital Market in Mongolia and the first stage of this project which aimed at resolving critical issues of the Mongolian capital market, introducing the international standards to the market, building capacity of the market participants and improving the legal framework, will be completed in July 2017. The second stage of the project will commence in November 2017 and focus on expanding possibilities for Mongolian companies to raise capital from domestic and international capital markets.
MONGOLIAN STOCK EXCHANGE