‘Tumen Shuvuut’ JSC, the first issue on MSE in 2019, is aiming to raise MNT 10 billion from the primary stock market. The company is offering 25 percent of its shares or 50 million shares for MNT 200 each.

Subscription for the stock will be open during the period between 15 January, 2019, to 15:00 pm, 31 January, 2019.

In case of oversubscription, MNT 3 billion of shares will be allocated equally to all investors and the remaining MNT 7 billion of shares will be allocated on pro-rata basis.

Source: Mongolian Stock Exchange