"Mandal Daatgal" JSC, the first insurance  company listed on the MSE, has closed the offering of its 25 percent  or 1,560,754 shares to public. The total subscription for the stock has  totaled 1,916,207 shares which was an oversubscription by 23 percent,  ordered by 861 individuals and business entities. 

The shares allocation report has been  delivered to FRC and the secondary market trading will commence under  the symbol “MNDL” upon FRC’s declaration of the company’s IPO as  successful.

Source: Mongolian Stock Exchange