“CEMENT SOKHOI’ JSC’S ISSUANCE OF ADDITIONAL SHARES THROUGH A PRIVATE PLACEMENT HAS CONSIDERED TO BE SUCCESSFUL
According to the FRC’s resolution №316 dated on September 26, 2018, “Cement Shokhoi” JSC, listed in the Tier 3 on the Mongolian Stock Exchange, offered its 6 million common shares with nominal value of MNT 100 per share though a private placement. The primary market trading was held on October 15, 2018 and the respective securities were successfully sold for MNT 170 each.
Accordingly, the FRC considered the primary market trading to be successful, and the secondary market trading commenced on November 15, 2018.
Source: Mongolian Stock Exchnage
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