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News

NOVEMBER 07, TRADING REPORT

2024-11-07 15:18:05

Total trade: MNT 21,208,289,093 (USD 6,221,355.28)      

"ERDENET INVEST" INVESTMENT FUND SHAREHOLDER MEETING HELD

2024-11-06 15:58:11

The shareholder meeting for the "Erdenet Invest" Investment Fund was held on October 25, 2024, at 10:00 AM, in a hybrid format (both in-person and online). The meeting took place at the Erdenet Factory Cultural and Art Complex (Mine Worker Cultural Palace) in Bayan-Undur District, Orkhon Province.

News

ITOOLS IPO OVERSUBSCRIBED BY 1.15

2017-11-08 16:35:16

ITools, the most recent company to be listed on the Mongolian Stock Exchange, is offering 13.4 million shares, or 38.6%, of its shares outstanding for its IPO. While total subscription for the stock had reached 79% on November 7th, 2017, it has reached 115%, or a combined 15.5 million shares ordered by 443 individuals and entities, today.

Due to the oversubscription of the stock, the shares will be allotted as follows:

  1. Orders for up to MNT 50 million will be fully filled, while orders over MNT 50 million will be allotted on a pro-rata basis.
  2. In the case where orders worth MNT 50 million exceed the total offered amount of ITools shares, orders up to MNT 1 million will take priority and orders over MNT 1 million will be allotted on a pro-rata basis.
  3. Orders of investors who split their orders among two or more brokers will be summed and counted as one order.

Orders for ITools stock will conclude on November, 10th, 2017.

MONGOLIAN STOCK EXCHANGE