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Phone number: +976 7010 0261, 976 11 311944
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TDB Securities

ATTENTION TO SHAREHOLDERS OF “ERDENE RESOURCE DEVELOPMENT CORP” JSC

2019.11.07 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) provided result from the second phase of the 2019 gold exploration program, and to announce the commencement of the Q4 2019 drill program at...
TDB Securities

ATTENTION TO SHAREHOLDERS OF “ERDENE RESOURCE DEVELOPMENT CORP” JSC

2019.11.06 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) announced the result of an independent Technical Report for the 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia,...
TDB Securities

SHARES OF "ATAR-URGUU" JSC TRADED BY TENDER OFFER

2019.11.01 •  1 min

According to the provision 22.1.1 of the Securities Market Law which states that an offer to purchase the shares of a company shall be made by a shareholder of the company alone or together with...
TDB Securities

ERDENE COMMENCES DRILLING PROGRAM AT THE KHUNDII GOLD PROJECT

2019.09.19 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) has announced the commencement of the second phase of the 2019 drill program at its 100%-owned Khundii Gold Project. “The current drill...
TDB Securities

'SUU' JSC TO PAY DIVIDENDS

2019.09.13 •  1 min

‘Suu' JSC has announced that the Board of Directors approved the distribution of MNT 1,143,416,667 to its shareholders by a dividend of MNT 3.33 per share on September 09, 2019....
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF 'ARD CREDIT NBFI' JSC

2019.09.12 •  2 min

According to the Resolution No.: 2019/23 of Board of Directors Meeting of ‘Ard Credit NBFI’ JSC dated on September 7, 2019, ‘Ard Credit NBFI’ JSC has announced to conduct...
TDB Securities

OPENING BELL CEREMONY CONDUCTED FOR ARD FINANCIAL GROUP

2019.08.08 •  2 min

In relation to the FRC approval of the reverse takeover involving Jinst Uvs (Investor Nation), a publicly listed company (MSE: JIV) and Ard Financial Group JSC, Mr.Bayarsaikhan, Deputy Chairman of...
TDB Securities

ERDENE RESOURCES DEVELOPMENT CORPORATION CLOSES PRIVATE PLACEMENT

2019.07.16 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) has announced that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500. Proceeds of the...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF ‘ARD DAATGAL’ JSC

2019.06.17 •  1 min

‘Ard Daatgal’ JSC announced that the Company has started distributing dividends to the shareholders' bank accounts based on their request received at the Company office or Central...
TDB Securities

ERDENE RESOURCES DEVELOPMENT CORPORATION ANNOUNCES PRIVATE PLACEMENT

2019.06.14 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) has announced that it intends to issue, by way of a non-brokered private placement, up to 10,000,000 units of the Company at a price of $0.20...
TDB Securities

ATTENTION TO SHAREHOLDERS OF ‘MONNAB’ JSC

2019.06.12 •  1 min

According to the Resolution No.: 19/15 of Board of Meeting of ‘Monnab’ JSC, dated on June 07, 2019, the Company has called an Extraordinary Shareholders Meeting. Date: July 18, 2019 at...
TDB Securities

MONOS KHUNS TO START TRADING ON MAY 20, 2019

2019.05.14 •  1 min

The secondary market trading of "Monos Khuns" JSC is starting from May 20, 2019 based on the Order No.: 1/2033 of Chairman of FRC dated on May 10, 2019 which states the consideration of...
TDB Securities

INVESCORE NBFI TO LAUNCH IPO FOR MNT 17.6 BILLION

2019.05.13 •  3 min

At the regular meeting held on April 24, the FRC approved initial public offering of Invescore NBFI, the leading non-banking financial institution, on the Mongolian Stock Exchange. Invescore NBFI...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF "ERDENE RESOURCES DEVELOPMENT CORPORATION"

2019.05.10 •  1 min

Erdene  Resource Development Corp. (TSX:ERD; MSE:ERDN) announced financial and  operating results for the three months ended March 31, 2019 and to  provide and update on progress...
TDB Securities

FRC APPROVED MERGER OF “JINST UVS” JSC AND “ARD FINANCIAL GROUP” CLOSED-JSC

2019.05.09 •  2 min

At the 7th regular meeting of the FRC was held on May 8, 26 issues regarding insurance market, securities market, market of savings and credit cooperatives were discussed and resolved....
TDB Securities

ERDENE PROVIDES 2018 PROJECT AND FINANCIAL REVIEW AND ANNOUNCES 2019 KHUNDII GOLD PROJECT PLAN

2019.04.03 •  1 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN)  has  announced the financial and operating results for the year ended December 31, 2018 and to provide update on progress and plans...
TDB Securities

DIVIDEND DISTRIBUTION INFORMATION

2019.04.03 •  1 min

As of April 2, 2019, 27 companies listed on the MSE decided to distribute MNT 64.4 billion dividend. Click on the image, to see further information.

TDB Securities

FRC: UPDATE ON INSIDER INFORMATION REGULATIONS AND REGISTERED IPO ISSUANCE

2019.03.13 •  2 min

The Financial Regulatory Commission held its regular meeting on March 13th and discussed, resolved about 20 problems. In the meeting, “Securities market insider information list, and its...
TDB Securities

2019 DIVIDEND DISTRIBUTION INFORMATION AS OF FEBRUARY 21, 2019

2019.02.22 •  1 min

As of February 21, 2019, 16 companies listed on the MSE decided distribute a total of MNT 62.5 billion dividends from net profit of 2018. To see detailed information click on the image below.

TDB Securities

THE OPENING CEREMONY OF THE "ARD CREDIT NBFI" JSC SUBSCRIPTION PROCESS HELD AT MSE

2019.02.18 •  2 min

To honor the occasion of the opening of the stock subscription of ‘Ard Credit NBFI’ JSC’s IPO, Mr.Lkhagvasuren, Head of Securities Department of FRC, Mr.Altai, CEO of Mongolian...
TDB Securities

"KHUVSGUL ALTANDUULGA" JSC TO PAY DIVIDENDS

2019.02.15 •  1 min

'Khuvsgul Altan Duulga' JSC announced that the Board of Directors approved the distribution of MNT 1.88 billion to its shareholders by a dividend of MNT120.0 per share on February 13,...
TDB Securities

JOINT STOCK COMPANIES MUST MAKE DIVIDEND DECISIONS BY FEBRUARY 19TH

2019.02.15 •  2 min

The Financial Regulatory Commission is responsible for enforcing “Joint stock company shareholder meeting notice procedures” via the Company law. According to the law, Joint stock...
TDB Securities

'GOBI' JSC TO PAY DIVIDENDS

2019.02.14 •  1 min

"Gobi" JSC announced that the Board of Directors approved the distribution of MNT5.3 billion to its shareholders by a dividend of MNT6.8 per share on February 13, 2019.  The list of...
TDB Securities

ERDENE RESOURCE DEVELOPMENT CORP ANNOUNCES PRIVATE PLACEMENT

2019.02.14 •  1 min

Erdene Resource Development Corp (TSX:ERD; MSE:ERDN), a Tier 3 listed company on the MSE, intends to issue up to 7,608,696 units of the company at a price of USD 0.23 per unit (Private Placement),...
TDB Securities

‘MONGOL BASALT’ JSC TO PAY DIVIDENDS

2019.02.13 •  1 min

"Mongol Basalt" JSC announced that the Board of Directors approved the distribution of MNT 56.4 million to its shareholders by a dividend of MNT1.0 per share on February 01, 2019....
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF 'ERDENE RESOURCES DEVELOPMENT CORPORATION'

2019.02.11 •  2 min

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) has announced the filing on SEDAR of the independent Preliminary Economic Assessment (PEA) Technical Report for its 100%-owned Khundii Gold...
TDB Securities

TUMEN SHUVUUT TO START TRADING ON FEBRUARY 18, 2019

2019.02.11 •  1 min

The  secondary market trading of "Tumen Shuvuut" JSC is starting  from February 18, 2019 based on the FRC letter of February 11, 2019 which states the consideration of the...
TDB Securities

'MONGOLIAN MORTGAGE CORPORATION HFC' LLC, A 100 PERCENT OWNED SUBSIDIARY OF MSE LISTED 'MIK HOLDING' JSC, ISSUED USD 250 MILLION BOND AT THE INTERNATIONAL MARKET

2019.01.31 •  1 min

'Mongolian Mortgage Corporation HFC' LLC, a 100 percent owned subsidiary of 'MIK Holding' JSC, issued USD 250 million bond with 9.75 coupon rate and a 3-year maturity at the...
TDB Securities

NO TRADING SESSION ON FEBRUARY 8

2019.01.30 •  1 min

At today's Cabinet meeting, it has decided to make a working day of February 8 (Friday) a day-off due to upcoming Lunar New Year. In this regard, Saturday, February 2, will be a working day...
TDB Securities

MARKET CAP TO GDP RATIO REACHED 9 PERCENT

2019.01.30 •  1 min

The domestic market capitalization reached MNT 2,510 billion in 2018, showing an increase of 2.9 percent from the previous year. Therefore, market cap to GDP ratio of Mongolia reached 9 percent,...
TDB Securities

OPERATIONS OF CASHMERE FACTORIES RECOVER WITH LOANS

2019.01.25 •  2 min

A consultative meeting between the stakeholders of the government program, ‘Cashmere’, took place at the UNDP office in Mongolia, discussing what has been done in 2018 and plans for...
TDB Securities

THE MSE HELD AN INTRODUCTION OF DUAL-LISTING FOR FOREIGN LISTED COMPANIES

2019.01.25 •  1 min

In 2018, the legal framework for dual-listing was completed, and the MSE registered its first dual-listing, the Toronto Stock Exchange listed Erdene Resource Development Corporation.  ...
TDB Securities

FRC TO RESTRICT OPERATIONS OF SEVERAL SECURITIES COMPANIES

2019.01.25 •  2 min

According to Article 27.2.3 of the Law on Securities Markets, the Financial Regulatory Commission approved the Resolution No. 94 of 2016. The documents states that the minimum required amount of...
TDB Securities

SHARE PRICE OF ‘ADUUNCHULUUN’ JSC WHOSE SHARES HAVE BEEN REMOVED FROM TOP-20 INDEX DECREASED BY 32.3 PERCENT

2019.01.24 •  2 min

The TOP-20 index composition is renewed yearly. This time, three mining companies, ‘Aduunchuluun’, ‘Sharyn Gol’ and ‘Shivee Ovoo’, have been removed from the...
TDB Securities

WOOD MACKENZIE: 2019 BRINGING REBALANCE TO MET COAL, ROLLER COASTER FOR THERMAL

2019.01.23 •  3 min

The “sky-high metallurgical and steel prices” of 2018 will be rebalanced in the coming year, while the market for thermal coal is expected to continue on an uncertain and volatile...
TDB Securities

NEWLY LISTED JSCS WILL DISTRIBUTE DIVIDENDS TO THEIR SHAREHOLDERS FROM NET PROFIT OF 2018

2019.01.22 •  1 min

The companies that launched IPOs and attracted fund from the public in order to expand their operations announced that they will distribute dividends.  Management of the companies such as...
TDB Securities

ABOUT 90 PERCENT OF FOREIGN DIRECT INVESTMENT GOES TOWARDS MEGA PROJECTS

2019.01.22 •  2 min

In the first 11 months of 2018, USD 1.5 billion of foreign direct investment has come towards Mongolia of which about 90 percent goes towards mega projects. According to the Central bank...
TDB Securities

OPENING BELL CEREMONY HELD FOR “TUMEN SHUVUUT” JSC

2019.01.16 •  2 min

To honor the occasion of the opening of the stock subscription of Tumen Shuvuut IPO, Ms.Davaasuren, Chairwoman of FRC, Mr.Altai, CEO of Mongolian Stock Exchange, Mr.Erkhembayar, Founder of...
TDB Securities

STATEMENT FROM THE FRC

2019.01.15 •  2 min

In accordance with relevant laws and regulations, the Financial Regulatory Commission monitors the securities, insurance, non-banking financial and savings and credit cooperatives markets, and...
TDB Securities

THE MSE RENEWS THE TOP-20 INDEX COMPOSITION

2019.01.15 •  1 min

The TOP-20 index composition for the year 2019 has been renewed in accordance with the MSE “Regulation on Securities Index Calculation”. Based on the performance of the stock in 2018,...
TDB Securities

MSE: 20 PERCENT OF 54 LISTED COMPANIES ARE OWNED BY MINORITY SHAREHOLDERS

2019.01.04 •  2 min

More than 20 percent of 54 companies listed on the MSE are owned by minority shareholders. It means that ¾ of more than 200 listed companies have high ownership concentration. The Financial...
TDB Securities

IN 2018, FDI INFLOW OF USD 85-220 MILLION CAME INTO MONGOLIA EVERY MONTH

2019.01.04 •  2 min

As of November, 2018 a total of USD 1.5 billion foreign direct investment came into Mongolia. This is a USD 306 million increased compared to a year ago. The balance of payments show that every...
TDB Securities

AS WARNED BY ANALYSTS, THE CURRENT ACCOUNT DEFICIT INCREASED TO USD 1.5 BILLION

2019.01.03 •  2 min

As of November, 2018 balance of payments deficit increased by USD 66.5 million and reached USD 117.7 million. As predicted by the ADB and the IMF current account deficits increased in the...
TDB Securities

PROCESSING PLANTS OF MINING SECTOR

2019.01.03 •  2 min

The USD 1 billion oil refinery is planned to be commissioned in the first quarter of 2023, according to the Ministry of Mining and Heavy Industry. Currently, infrastructure work such as...
TDB Securities

ASIA DOLLAR BOND SALES MAY TOTAL USD 250 BILLION TO USD 300 BILLION IN 2019

2019.01.02 •  2 min

The lackluster demand for Asian dollar bonds is likely to recover as investors who shunned weaker quality notes during the turbulent final quarter of 2018 now see them as too cheap to ignore....
TDB Securities

BANK OF MONGOLIA GOLD PURCHASES INCREASED BY 10 PERCENT IN 2018, REACHING 22 TONS

2019.01.02 •  2 min

The Bank of Mongolia announced that it has purchased 22 tons of gold in 2018. This is a 10 percent increase compared to 2017. Since gold tax was eased in 2014, the amount of gold deposited to the...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF ‘GOBI’ JSC

2019.01.02 •  1 min

‘Gobi’ JSC decided to distribute MNT 220 dividend per share from its net profit of 2017. Thus, the company has been distributing dividends on its company office since 24 April, 2018....
TDB Securities

MSE: THE AVERAGE DAILY TRADING AMOUNT INCREASED BY 21.5 PERCENT TO MNT 373 MILLION

2018.12.31 •  1 min

The average daily trading on the MSE increased by 21.5 percent to MNT 373 million. The result has been steadily increasing over the past five years. In other words, the average daily trading...
TDB Securities

PRIMARY MARKET SUBSCRIPTION INFORMATION OF 'TUMEN SHUVUUT' JSC

2018.12.31 •  1 min

‘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...
TDB Securities

EXTERNAL DEBT OF THE GOVERNMENT OF MONGOLIA REACHED USD 7,024 MILLION IN THE 3RD QUARTER

2018.12.28 •  2 min

The Government of Mongolia reported that the external debt of the Government reached USD 7,024 million in the third quarter. This is a 12 percent increase comparing to the same period of the...
TDB Securities

CHINESE CAPITAL MARKETS SUFFERED A USD 2.3 TRILLION LOSS

2018.12.28 •  2 min

China’s capital markets suffered through a bad year. The second biggest capital market in the world in terms of capitalization fell by USD 2.3 trillion due to the “Trade war”....
TDB Securities

MOFALI: MEAT AND MEAT PRODUCT EXPORTS REACHED 20-YEAR HIGH

2018.12.26 •  2 min

According to the Ministry of Food, Agriculture and Light Industry, meat and meat product exports have reached its 20-year high level in 2018 to 54.9 thousand tons. By head of livestock, Mongolia...
TDB Securities

TAVAN TOLGOI POWER PLANT TO BE COMMENCED IN 2023

2018.12.26 •  2 min

At its regular meeting on December 26, the Cabinet supported the agreement with Rio Tinto to construct 300 MW power plant in Tavan Tolgoi. Minister of Energy Ts.Davaasuren gave briefing in this...
TDB Securities

THE LAST REGULAR MEETING IN 2018 OF THE FINANCIAL REGULATORY COMMISSION WAS HELD

2018.12.26 •  1 min

The regular meeting the Financial Regulatory Commission was held on 26 December, 2018. At the meeting ‘Procedure on securities collateral securities’ has been approved by the FRC. The...
TDB Securities

REVISED PRIMARY MARKET TRADING RULES OF MSE BECOMES EFFECTIVE

2018.12.25 •  1 min

The Revised Primary Market Trading Rules,  which was approved by the Board of Directors of MSE dated October 26,  2018, have become effective starting from December 24, 2018 upon the...
TDB Securities

MACE: 20 COMMODITIES WORTH MNT 700 BILLION TRADED IN 2018

2018.12.25 •  1 min

This year, 20 commodities worth MNT 700 billion traded through the Mongolian Agricultural Commodity Exchange. It was 22.7 percent higher than in the previous year. Trading value increased as the...
TDB Securities

“TUMEN SHUVUUT” LLC BECOMES PUBLIC COMPANY

2018.12.24 •  1 min

The Financial Regulatory Commission at its Meeting held on 14 December  2018 passed a Decision to register 200 million shares of ‘Tumen  Shuvuut' LLC, an egg producer, with MNT...
TDB Securities

INTERNATIONAL TRADE INDEX DECREASED BY 11 PERCENT DUE TO CHANGES IN COAL PRICE

2018.12.24 •  2 min

According to the November statistics, Mongolia’s International Trade Index has fallen from the previous month to 1,731, according to the Bank of Mongolia. This decline is attributable to...
TDB Securities

MINING DEALS REACHED A 5 YEAR HIGH POINT MEASURED AT USD 86.3 BILLION

2018.12.24 •  1 min

Since the beginning of 2018, global mining sector had 1,349 deals recorded.  The deals had a total value of USD 86.3 billion which is 60 percent higher than that of 2017. Also it’s a 5...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF ‘BAYAN-ALDAR’ JSC

2018.12.20 •  1 min

According  to the Extraordinary Shareholders' Meeting of ‘Bayan-Aldar’ JSC dated  October 26, 2017, the Company has decided to merge with ‘Mongorumatrix...
TDB Securities

FIVE COMPANIES DELISTED FROM MSE

2018.12.20 •  1 min

Pursuant to the Order No.: A/139 of CEO of MSE dated on 19 December 2018, ‘Darkhan Makh Expo’ JSC, “Evlel” JSC and ‘Ajlуn Khuvtsas’ JSC which have been...
TDB Securities

NSO: COAL EXPORTS DECREASED BY 38 PERCENT IN NOVEMBER

2018.12.14 •  3 min

According to the National Statistical Office of Mongolia, in the first 11 months of 2018, minerals exports reached USD 5.6 billion, increased by 23.9 percent from the same period of the previous...
TDB Securities

REGISTERED SECURITIES TO BE ISSUED AND GAVE APPROVAL TO “MIK ACTIVE 18” LLC

2018.12.14 •  2 min

The Financial Regulatory Commission regular meeting took place on December 14th. 200 million shares of “Tumen shuvuut” LLC, a manufacturer and trader of eggs, with a nominal price of...
TDB Securities

THE PRIMARY MARKET PRODUCTS WERE OVERSUBSCRIBED BY 3 TIMES IN 2018

2018.12.13 •  2 min

Since the beginning of 2018, 6 new new products have been launched in the domestic capital market, and these products attracted a total of MNT 30 billion from investors. The subscription amount...
TDB Securities

‘GOBI’ JSC’S SECURITIES TRADING RESUMED

2018.12.13 •  1 min

According to the official notification of State Inspector of Financial Regulatory Commission dated December 13, 2018, the securities trading of “Gobi” JSC has been resumed from...
TDB Securities

EBRD STOPPED FINANCING OF COAL PROJECTS

2018.12.12 •  2 min

In order to protect the environment, the European bank for Reconstruction and Development announced that it has stopped financing of coal projects. Countries such as Mongolia, Poland, and...
TDB Securities

TWO SECURITIES COMPANIES MEMBERSHIP HAS BEEN TERMINATED

2018.12.11 •  1 min

Complying to the Company law of Mongolia, FRC and MSE relevant rules and regulations, “Mongolian Stok Exchange” SOJSC Board decision 2018/17 of December 4 2018 has terminated the...
TDB Securities

SECURITIES TRADING OF "GOBI" JSC SUSPENDED

2018.12.03 •  1 min

According to the official notification No.: 57 of State Inspector of Financial Regulatory Commission dated November 30, 2018, "Gobi" JSC’s  securities trading has been...
TDB Securities

MSX ADOPTS T+2 SETTLEMENT CYCLE

2018.12.01 •  1 min

In accordance with the Clearing Rules approved by the FRC with the order, № 456, of the FRC chairman on August, 2nd, MSX adopted T+2 settlement cycle on December 1st, 2018. Source: Mongolian...
TDB Securities

FRC APPROVED 100-FOR-1 SHARE SPLIT FOR ‘GOBI’ JSC

2018.11.30 •  1 min

The regular meeting of the Financial Regulatory Commission was held on November 30th.  The FRC made resolution on listing amendment of a stock split of 100-for-1. As a result, 7,801,125 units...
TDB Securities

ASPIRE MINING: THE DEMAND FOR METALLURGICAL COAL IS EXPECTED TO RISE DUE TO JAPAN, KOREA AND INDIA

2018.11.30 •  2 min

Aspire Mining Ltd. has announced its predictions about increase in demand for metallurgical coal due to the Indian, Japanese and South Korean markets. The company oversees its ‘Ovoot’...
TDB Securities

'MORGAN STANLEY' EXPECTS METALLURGICAL COAL PRICE FALL TO USD 155

2018.11.28 •  2 min

In the first 10 months of 2018, China imported 56.9 million tons of coking coal, down 1.6 percent from a year earlier. Imports in October alone reached 6.08 million tons, up 15.7 percent from a...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF 'ERDENET ZANDAN' JSC

2018.11.28 •  1 min

According to the Resolution No.:01 of ‘Erdenet Zandan’ JSC’s Board meeting dated on 02 November 2018, the Extraordinary Shareholders Meeting will be held on 12 December...
TDB Securities

BANK OF MONGOLIA RAISES ITS POLICY RATE

2018.11.27 •  2 min

At the unscheduled meeting held on 27 November 2018, the Monetary Policy Committee decided to increase the Policy rate by 1.0 percentage point to 11 percent.  As of October 2018, annual...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF ‘CEMENT SHOKHOI’ JSC

2018.11.23 •  1 min

According  to the Resolution No.:18/62 of ‘Cement Shokhoi’ JSC’s Board meeting  dated on 15 November 2018, the Extraordinary Shareholders Meeting will  be held on...
TDB Securities

WORLD ECONOMICS: MONGOLIA’S SALES MANAGERS’ INDEX FELL 5 MONTHS IN A ROW

2018.11.22 •  1 min

The Sales Managers’ Index for Mongolia fell sharply in November as its economic growth slowed down, according to the ‘World Economics”. This represents the fifth monthly fall in...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF ‘SHARYN GOL’ JSC

2018.11.20 •  1 min

According  to the Resolution No.:33 of ‘Sharyn Gol’ JSC’s Board meeting dated on  11 November 2018, the Extraordinary Shareholders Meeting will be held on  26...
TDB Securities

'ERDENE RESOURCE DEVELOPMENT CORPORATION' REPORTS 3Q2018 FINANCIAL AND OPERATING RESULTS

2018.11.16 •  2 min

Erdene Resource Development Corp. (TSX:ERD| MSE:ERDN) has published financial and operating results for the three and nine months ended September 30, 2018 on the Company’s website or SEDAR...
TDB Securities

“CEMENT SOKHOI’ JSC’S ISSUANCE OF ADDITIONAL SHARES THROUGH A PRIVATE PLACEMENT HAS CONSIDERED TO BE SUCCESSFUL

2018.11.15 •  1 min

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...
TDB Securities

TWO NEW MEMBER COMPANIES ADMITTED TO MSE

2018.11.13 •  1 min

In accordance with the MSE Board Resolution No.2018/14 of October 26, 2018, "Central Securities" LLC, a brokerage company, and "Invescor Capital" LLC, a company licensed to...
TDB Securities

S&P AFFIRMS MONGOLIA'S STABLE CREDIT RATING

2018.11.09 •  1 min

The ratings agency Standard & Poor’s (S&P) affirmed its long-term sovereign credit rating for Mongolia at “B-” and its short-term sovereign credit rating of...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF "MATERIALIMPEX" JSC

2018.11.07 •  1 min

According to the Extraordinary Shareholders Meeting of "MaterialImpex" JSC that was held on November 2, 2018 with the attendance rate of 63.54 percent, the establishment of subsidiary...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF "MANDAL DAATGAL" JSC

2018.11.02 •  1 min

In accordance with the Board Resolution No.18/007 of October 29, 2018 of "Mandal Daatgal" JSC, the Extraordinary Shareholders’ Meeting of "Mandal Daatgal" shall be held...
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ATTENTION TO THE SHAREHOLDERS OF "HAI BI OIL" JSC

2018.11.02 •  1 min

In accordance with the Board Resolution No.9 of October 29, 2018 of "Hai Bi Oil" JSC, the Extraordinary Shareholders’ Meeting of "Hai Bi Oil" shall be held on December...
TDB Securities

MSE: STOCKS WORTH MNT 82.7 BILLION WERE TRADED IN THE FIRST 10 MONTHS OF 2018

2018.11.02 •  3 min

In the first 10 months of 2018, stocks worth MNT 82.7 billion were traded on the Mongolian Stock Exchange. Of which secondary market trading accounted for 63.2 percent or MNT 52.3 billion. 21.6%...
TDB Securities

The IMF APPROVED USD 36.22 MILLION DISBURSEMENT FOR MONGOLIA

2018.11.01 •  1 min

The IMF Executive Board completed the fifth review under the Extended fund facility for Mongolia and approved disbursement. Completion of the review enables Mongolia to draw the equivalent of SDR...
TDB Securities

ANAR CH.: LENDMN WILL LAUNCH A NEW PRODUCT TOGETHER WITH A LARGE INTERNATIONAL COMPANY IN JUNE, 2019

2018.11.01 •  1 min

‘And Systems’, the parent company of ‘LendMN” JSC, issued private placement bonds for MNT 7 billion. The bond was purchased by South Korean ‘Rhinos Asset...
TDB Securities

BLACK STONE RESOURCES: MONGOLIAN EXPLORATION DRILLING STARTED

2018.10.29 •  1 min

Swiss based “Blackstone Resources” announced that they have started drilling explorations in Mongolia. The company will make up to 2,000 meters deep drilling at “Shar...
TDB Securities

BANK OF MONGOLIA: LOCAL DIVISIONS PURCHASED 33 KG OF GOLD

2018.10.29 •  1 min

Since the new specimen laboratory was built in Darkhan-Uul aimag by October 25th the Bank of Mongolia Darkhan Uul aimag division has purchased 25.6kgs of gold. On the other hand the division in...
TDB Securities

BOM: AVERAGE CREDIT INTEREST RATE DECREASED BY 2.3 PERCENTAGE POINTS IN THE LAST YEAR

2018.10.26 •  2 min

The weighted average interest rate of new MNT loans decreased by 2.3 percentage points and fell to 17.7 percent in September according to the Bank of Mongolia. In the reported period, new MNT...
TDB Securities

LENDMN: IT'S POSSIBLE TO TRANSFER MONEY FROM 'LEND WALLET' USING 'VIBER'

2018.10.25 •  2 min

Mongolbank announced that in the first half of 2018 mobile banking service has reached 3.5 million users. A total of 12.2 million digital transactions were made valued over MNT 2.3 trillion. The...
TDB Securities

DBM BOND OVERSUBSCRIBED 8 TIMES OVER

2018.10.25 •  1 min

Development Bank of Mongolia announced that it successfully issued a USD 500 million bond offering on October 17 that was oversubscribed eight times over. After a five-year absence on the...
TDB Securities

WORLD ECONOMICS: MONGOLIA'S SALES PURCHASE INDEX FELL 4 MONTHS IN A ROW

2018.10.24 •  1 min

The Headline Sales Managers’ Index (SMI) for Mongolia continued to fall back on its summer gains to post a value of 56.3 in October.  This represents the fourth monthly fall in the...
TDB Securities

‘CAPITAL MARKETS OPEN DAY’ EVENT TO BE IN UVS, BAYAN-ULGII AND KHOVD PROVINCES

2018.10.24 •  2 min

In order to improve market knowledge of rural citizens, Mongolian Stock Exchange JSC organised ‘Capital Markets Open Day’ events in Darkhan-Uul, Bulgan and Orkhon provinces during...
TDB Securities

MSE WILL DELIST NON-COMPLYING COMPANIES

2018.10.23 •  2 min

With over 200 companies listed on the Mongolian Stock Exchange over 60 percent is non-liquid, 95 companies are non-compliant and 32 companies have stopped trading according to the MSE. ...
TDB Securities

EXPERTS THINK THAT THE BUDGET REVENUE IS TOO OPTIMISTIC

2018.10.22 •  2 min

The total equilibrated revenue of the General Government Budget in 2019 has increased by MNT 2.4 trillion from the approved budget in 2018. The Ministry of Finance estimated that the tax revenue...
TDB Securities

“ERDENES TAVANTOLGOI” JSC SECURITIES ACCOUNT RECOMMENDATION

2018.10.18 •  3 min

Due to increases in individuals requesting information about “Erdenes Tavantolgoi” JSC 1,072 shares the Mongolian Stock Exchange has issued the following recommendation. “Erdenes...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF "ARD DAATGAL" JSC

2018.10.17 •  1 min

In accordance with the Board Resolution No.18/14 of October 11, 2018 of "Ard Daatgal" JSC, the Extraordinary Shareholders’ Meeting of "Ard Daatgal" JSC shall be held on...
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF 'SUU' JSC

2018.10.16 •  1 min

In accordance with the Board Resolution No.11 of October 5, 2018 of “Suu” JSC, the Company hereby advises that Ms. Mandkhai Mendbayar has been appointed to the position of Chief...
TDB Securities

‘SUU’ JSC: SINCE THE SHARE SPLIT, THE NUMBER OF MINORITY SHAREHOLDERS INCREASED BY 4 TIMES OVER THE LAST 2 YEARS

2018.10.16 •  3 min

‘Gobi’ JSC has approved 100-for-1 share split in order to increase its stock liquidity. Lastly, ‘Khuvsgul Altan Duulga’, ‘Darkhan Hotel’, ‘UB-BUK’,...
TDB Securities

WORLD BANK: MONGOLIAN ECONOMY ESTIMATED TO GROW BY 5.9 PERCENT IN 2018

2018.10.05 •  2 min

The World Bank increased their estimate of Mongolia’s economic growth to 5.9 percent. The increase is due to mining commodity exports and foreign direct investments. Also the increase in...
TDB Securities

GOVERNMENT BOND PRICES DECLINED BY 4-6 PERCENT SINCE JANUARY

2018.10.04 •  2 min

Currently four Mongolian government bonds are being traded on international markets. In 2018 the prices have declined by 4-6 percent. However it is still being traded above par. Overall, price...
TDB Securities

IN SEPTEMBER, SECURITIES TRADING INCREASED BY 6 TIMES FROM THE PREVIOUS MONTH

2018.10.03 •  3 min

In September, securities worth MNT 20 billion were traded on the domestic capital market, which is six times more than in August, due to a rise in the primary market trading worth MNT 16.5...
TDB Securities

FINANCIAL REPORTS PUBLISHED IN ENGLISH

2018.10.03 •  1 min

Mongolian Stock Exchange delivers all market news and daily trading information in English to provide international investors with an equal access to market information. Also, we transmit trading...
TDB Securities

CENTRAL BANKS' GOLD PURCHASES REACHING A 3 YEAR HIGH

2018.10.02 •  3 min

“World Gold Council” noted in its latest reports that Central banks’ gold purchases have reached a 3 year high. In the first half of 2018, gold purchases of Central banks...
TDB Securities

GRAIN HARVESTING AT 22.1 PERCENT

2018.10.01 •  1 min

As of October 1, 107.6 thousand tons of wheat has been harvested from 75.3 thousand hectares of area, which means that wheat harvesting is running at 22.1 percent. As for potatoes and vegetables,...
TDB Securities

ARD DAATGAL JSC TO START TRADING ON OCTOBER 1, 2018

2018.09.28 •  1 min

The secondary market trading of "Ard Daatgal" JSC is starting from October 01, 2018 based on the FRC letter of September 27, 2018 which states the consideration of the public offering as...
TDB Securities

BOM: THE BANK PURCHASED 2.1 TONS OF GOLD IN SEPTEMBER

2018.09.28 •  2 min

The Bank of Mongolia officially reported on its gold purchases. In September, the Bank purchased 2.1 tons of gold. As a result, the Central Bank on Mongolia has purchased 14.3 tons gold in the...
TDB Securities

THE MINING SECTOR COMPRISES 26 PERCENT OF THE STATE BUDGET REVENUE

2018.09.27 •  2 min

As of August, 26 percent of total budget revenue was generated by the mining sector. For example, ‘Erdenes-Tavan Tolgoi’ JSC has accumulated MNT 222.6 billion tax in the first eight...
TDB Securities

'ARD INSURANCE' IPO OVERSUBSCRIBED BY 32.7 PERCENT

2018.09.27 •  1 min

"Ard Daatgal" JSC, the one of the first insurance companies listed on the MSE, has closed the offering of its 30 percent or 7.5 million shares to public. The total subscription for the...
TDB Securities

THE FIRST DIGITAL CURRENCY IN INTRODUCED IN MONGOLIA

2018.09.26 •  2 min

The Central bank of Mongolia announced the introduction of a new electronic payment instrument to the national payment and settlement system – ‘Digital currency’. According to N....
TDB Securities

ATTENTION TO THE SHAREHOLDERS OF MATERIALIMPEX JSC

2018.09.24 •  1 min

In accordance with the Board Resolution No.01 of September 19, 2018 of "Materialimpex" JSC, the Extraordinary Shareholders’ Meeting of "Materialimpex" JSC shall be held...
TDB Securities

OPEC: CRUDE OIL OUTPUT WILL NOT INCREASE

2018.09.24 •  1 min

The crude oil price has reached its highest level in two months after OPEC members reported that they will not increase their crude oil output.  U.S. President Donald Trump has demanded that...
TDB Securities

MANDAL DAATGAL TO START TRADING ON SEPTEMBER 24, 2018

2018.09.21 •  1 min

The secondary market trading of "Mandal  Daatgal" JSC is starting from September 24, 2018 based on the FRC letter  of September 21, 2018 which states the consideration of the...
TDB Securities

BOM: MONETARY POLICY WILL SUPPORT BUSINESS ACTIVITIES

2018.09.20 •  2 min

The Bank of Mongolia reported that the decision to retain the policy rate at 10 percent would support economic and business activities. In addition, macro prudential policy states that...
TDB Securities

MACE: 4,200 TONS OF GOAT CASHMERE WERE TRADED

2018.09.20 •  1 min

In April-August, 4,200 tons of goat cashmere were traded on the Mongolian Agricultural Commodity Exchange. This has dropped 21.1 percent from the same period of last year. Despite declining...
TDB Securities

REPORT FROM 'ERDENE RESOURCE DEVELOPMENT CORP'

2018.09.19 •  2 min

Erdene Resource Development Corp (TSX:ERD| MSE:ERDN), announces the the Mineral Resource estimate for its 100% owned Khundii Gold Project in southwest Mongolia, prepared by RPMGlobal in accordance...
TDB Securities

WORLD ECONOMICS: MONGOLIA'S EMPLOYMENT RATING REACHES THE HIGHEST LEVEL IN FIVE YEARS

2018.09.19 •  1 min

World Economics reported that, in September, Mongolia’s Sales Managers Index reached 58.3 points in September – same rate as in August. However, it is on its lowest rate over the last...
TDB Securities

BI: GOLD PRICE COULD REACH USD 1,400

2018.09.19 •  2 min

Gold price decreased by 8.15% below USD 1,200 in the last one year period. According to “Bloomberg Intelligence” commodity market analysis price could potentially increase to USD...
TDB Securities

MANDAL IPO OVERSUBSCRIBED BY 23 PERCENT

2018.09.18 •  1 min

"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...
TDB Securities

ETT: THE COMPANY ANNOUNCES TENDER IN ORDER TO SELECT TRANSPORTATION COMPANY TO TRANSPORT ENRICHED COAL IN ROUTE 'CHOIR-VLADIVOSTOK'

2018.09.18 •  1 min

'Erdenes Tavan Tolgoi' JSC started taking offers from companies in order to transport enriched coal in route 'Choir - Vladivostok' and other third markets. The main requirement was...
TDB Securities

BOM: MAIN DIRECTIONS FOR 2019 STATE MONETARY POLICY INCLUDES FINTECH

2018.09.17 •  2 min

The Central Bank reported that the Main Directions for 2019 State Monetary Policy will include fintech issues. According to the Law on National Payment and Settlement System adopted this year, the...
TDB Securities

MRAM: 21 ENTITIES EXPORT COAL IN 2018

2018.09.17 •  1 min

In 2018, a total of 77 mining work plans were drafted and approved, of which 32 plans included exports of coal. According to the  Mineral Resources Authority of Mongolia, currently, 21...
TDB Securities

'ERDENES TAVAN TOLGOI' JSC'S COAL RESERVES ESTIMATED TO BE 7.6-8 BILLION TONS

2018.09.17 •  2 min

State owned “Erdenes Tavantolgoi” JSC’s coal reserves are estimated at 6 billion 48 million tonnes according to the professional mineral resource council. Coal reserves of this...
TDB Securities

8.1 TONS OF CEREALS WERE HARVESTED

2018.09.17 •  2 min

The Ministry of Food, Agriculture and Light Industry reported that harvesting takes place 6 percent and vegetable harvesting is 50 percent. Among them, potato harvest reached 30 percent. As of...
TDB Securities

'ARD INSURANCE' JSC SHARE SUBSCRIPTION INFORMATION

2018.09.14 •  1 min

‘Ard Insurance’ JSC, the 6th new issue listed on MSE in 2018 as well as the first insurance IPO, is offering its 30 percent or 7.5 billion shares of total outstanding shares to the...
TDB Securities

NSO: MINERAL EXPORTS INCREASED BY 21.2 PERCENT

2018.09.14 •  3 min

In the first 8 months of 2018, total foreign trade turnover of Mongolia reached USD 8.5 billion, of which USD 4.7 billion were made up by exports and USD 3.8 billion - by imports. Total foreign...
TDB Securities

BARILGA.MN: LOCAL SUPPLY'S ABILITY TO MEET CEMENT DEMANDS INCREASED

2018.09.13 •  2 min

According to “BarilgaMN”, in 2013 local cement sales were 12% of total sales while in 2017 local cement sales reached 80% of total sales. Particularly, in 2015 Monpolymet’s...
TDB Securities

THE SECONDARY MARKET TRADING OF ‘KHUVSGUL ALTANDUULGA’ JSC TO START FROM SEPTEMBER 14, 2018

2018.09.13 •  1 min

The secondary market trading of "Khuvsgul Altanduulga" JSC is commencing starting from September 14, 2018 based on the FRC letter of September 12, 2018 which states the consideration of...
TDB Securities

REQUEST TO IMPROVE LIQUIDITY OF SOME LISTED COMPANIES SENT TO THE FRC

2018.09.12 •  1 min

In order to improve the quality of companies listed, the Mongolian stock exchange sent notices to comply with contractual agreements to 130 companies with insufficient liquidity, 95 companies with...
TDB Securities

TENDER OFFER MADE BY THE CONTROLLING BLOCK HOLDER OF "LUX ZANADU GROUP" JSC

2018.09.11 •  2 min

According to the provision No.:57.1 of Company Law , the provision No.:22 of Securities Market Law and the provision No.:3.1 of  "FRC Regulation on Tender offering to buy shares of Joint...
TDB Securities

"TAVANTOLGOI" JSC ANNOUNCEMENT

2018.09.09 •  1 min

"Tavantolgoi" JSC has informed that the Company's sales operation had resumed starting from August 16, 2018 and started selling coaking, low-coaking and general coals through the...
TDB Securities

LISTING BOARD CLASSIFICATION UPDATED

2018.09.05 •  1 min

In accordance with the provision 20.1 of the Listing Rules of MSE, the classification of listing boards have been updated by the CEO's Order No.A/100 of September 04, 2018 taking into account...
TDB Securities

'MANDAL INSURANCE' JSC SHARE SUBSCRIPTION INFORMATION

2018.09.04 •  2 min

"Mandal Daatgal" JSC, the 5th new issue listed on MSE in 2018 as well as the first insurance IPO, is offering its 25 percent or 1,560,754 shares of total outstanding shares to the public...
TDB Securities

TRADE TURNOVER BETWEEN MONGOLIA AND THE REPUBLIC OF KOREA REACHES USD200 MILLION

2018.09.04 •  2 min

Bilateral trade turnover between Mongolia and the Republic of Korea reached USD 200 million in 2017, which was estimated barely at USD 2.7 million in 1990. It was emphasized by President of the...
TDB Securities

ATTENTION TO SHAREHOLDERS OF ‘ZOOS GOYOL’ JSC

2018.09.04 •  1 min

Based on the decision of the Shareholders meeting of ‘Zoos Goyol’ JSC on transforming the company form to Limited Liability Company dated on 29 April 2017, Mongolian Stock Exchange and...
TDB Securities

"HERMES CENTRE" JSC TO PAY DIVIDENDS

2018.09.04 •  1 min

In accordance with Board Resolution No.1 of 'Hermes Centre' JSC (HRM) dated August 31, 2018, 'Hermes Centre' JSC announced that the Company will distribute 85.1% or MNT 392.7...
TDB Securities

SECURITIES TRADING OF "ALTAIN ZAM" JSC RESUMED

2018.09.03 •  1 min

According to the official notification of State Inspector of Financial Regulatory Commission dated August 31, 2018, the securities trading of"Altain Zam" JSC has been resumed from...
TDB Securities

BANK OF MONGOLIA: THE BALANCE OF PAYMENTS AT THE END OF 2018 IS EXPECTED TO HAVE A SURPLUS OF USD 200-300 MILLION

2018.08.31 •  2 min

The BoM reports that there are no major debt payments expected in the last two quarters of 2018. The central bank stresses that this will not burden on foreign exchange reserves that the tugrik...
TDB Securities

BANK OF MONGOLIA: BUSINESS LOANS GROWTH INCREASING

2018.08.31 •  2 min

Business loan growth has been increasing in the last two months according to BoM. Year to year business loan increased by 15.7% and reached MNT 7.8 trillion. However, retail loans increased by...
TDB Securities

FITCH: MONGOLIA'S REAL GDP GROWTH WILL BE 5.2 PERCENT IN 2018

2018.08.30 •  4 min

The Fitch Ratings has upgraded Mongolia's Long-Term Foreign-Currency  Issuer Default Rating (IDR) to 'B' from 'B-'. The Outlook is Stable. The  upgrade of...
TDB Securities

ATTENTION TO THE INVESTORS OF "KHUVSGUL ALTANDUULGA" JSC

2018.08.30 •  1 min

The primary market orders of the additional issue of ‘Khuvsgul Altan Duulga’ JSC that  aims to raise MNT3.74 billion for its 28 percent of the shares, were  received from...
TDB Securities

'MANDAL INSURANCE' LLC BECOMES PUBLIC COMPANY

2018.08.30 •  1 min

The  Financial Regulatory Commission at its Meeting held on 29 August 2018  passed a Decision to register ‘Mandal Insurance’ LLC’s 6,243,016 shares  with MNT...
TDB Securities

'ARD INSURANCE' LLC BECOMES PUBLIC COMPANY

2018.08.30 •  1 min

The  Financial Regulatory Commission at its Meeting held on 29 August 2018  passed a Decision to register ‘Ard Insurance’ LLC’s (the Company) 25  million shares...
TDB Securities

BANK OF MONGOLIA: GOLD PURCHASES WILL INCREASE BY 10 PERCENT TO 22 TONS

2018.08.29 •  2 min

The Bank of Mongolia is aiming to increase its gold purchases by 10 percent to 22 tons in 2018. Foreign exchange reserves will reach USD 700 million, if the BoM gold purchases reach 20 tons....
TDB Securities

XANADU MINES: KHARMAGTAI RESOURCE DRILLING AND PEA PROGRAMME

2018.08.23 •  2 min

Xanadu’s focus is to maximise the development potential of the Kharmagtai deposit in the shortest possible time frame.  A detailed infill and resource definition drilling program over...
TDB Securities

MONGOLIA TO INCREASE SALARIES OF PUBLIC SERVANTS

2018.08.23 •  2 min

The Mongolian government has decided to increase the salaries of public servants by 8 to 30 percent starting next month, the country's Minister of Labor and Social Protection Sodnom Chinzorig...
TDB Securities

NET PROFIT OF 'ADUUNCHULUUN' JSC DECREASED BY 40 PERCENT FROM THE SAME PERIOD OF THE PREVIOUS YEAR

2018.08.22 •  1 min

According to the financials, sales revenue of 'Aduunchuluun' JSC has reached MNT 4.08 billion, which is lower by about 7 percent from the same period of the previous year. Net profit of...
TDB Securities

SALES REVENUE OF 'SUU' JSC HAS INCREASED BY 45.8 PERCENT IN THE FIRST HALF OF THIS YEAR

2018.08.21 •  1 min

Sales revenue of 'Suu' JSC listed on the Mongolian Stock Exchange has increased by 45.8 percent from the same period of the previous year. In 2017, 'Suu' JSC issued a bond and...
TDB Securities

THE MINIMUM WAGE RATE IN MONGOLIA INCREASED TO MNT 320 THOUSAND PER MONTH

2018.08.21 •  2 min

According to the the Minister of Labor and Social Protection Chinzorig.S, the minimum wage rate per month will be increased to MNT 320 thousand in 2019. As a result, the minimum wage rate per...
TDB Securities

ERDENE RESOURCE DEVELOPMENT CORPORATION PROVIDES SECOND QUARTER PROJECT REVIEW AND FINANCIAL RESULTS

2018.08.16 •  1 min

Erdene Resource Development Corp. (TSX:ERD| MSE:ERDN) provided an update on second quarter corporate and project activities, along with an outlook for the second half of 2018 on August 14,...
TDB Securities

'BDSEC' JSC UPGRADED TO TIER I

2018.08.15 •  1 min

In accordance with the provisions 20.2 and 20.3.6 of the Securities Listing Rules of MSE and the application received from 'BDSec SC' JSC, the listing of securities of 'BDSEC SC'...
TDB Securities

IMF STAFF TEAM: GROWTH IS REVIVING ALTHOUGH SIGNIFICANT VULNERABILITIES REMAIN

2018.08.10 •  2 min

An International Monetary Fund (IMF) staff team led by Mr. Geoff Gottlieb visited Ulaanbaatar from July 25 to August 6, 2018 to conduct discussions on the fifth review of the three-year Extended...
TDB Securities

COMPANIES ATTRACTED MNT 18 BILLION WITH PUBLIC OFFERS

2018.08.09 •  1 min

Over the last year the Mongolian Stock Exchange (MSE) has been active and domestic entrepreneurs have issued initial and additional stocks to expand their businesses and increase market shares. In...
TDB Securities

'ERDENES TAVAN TOLGOI' JSC IS ONE STEP AHEAD TO LAUNCH IPO

2018.08.03 •  5 min

“Erdenes Tavan Tolgoi” JSC that plans to launch an IPO of 30 percent of its shares on the international stock exchanges introduced its operational report of the first half of 2018 on...
TDB Securities

'MONGOLIAN MORTGAGE CORPORATION' JSC PUBLISHED ITS OPERATIONAL AND FINANCIAL REPORTS OF THE FIRST HALF ON 2018

2018.08.02 •  2 min

‘Mongolian Mortgage Corporation’ JSC, which issues asset-backed securities and sells it in the domestic and foreign markets, published its financial statements Ltd., . As of June 30,...
TDB Securities

'MONGOL POST' JSC PUBLISHED ITS OPERATIONAL AND FINANCIAL REPORTS OF THE FIRST HALF OF 2018

2018.08.01 •  2 min

“Mongol Post” JSC operates with 39 branches in the capital and rural areas. In the first half of 2018, sales revenue grew by 32.1 percent to MNT 7.8 trillion and cost of goods sold...
TDB Securities

'KHUVSGUL ALTAN DUULGA' JSC TO HOLD ROADSHOW MEETING FOR PUBLIC

2018.08.01 •  1 min

‘Khuvsgul Altan Duulga’ JSC, a Tier 3 listed company, will hold a roadshow meeting for public on August 6, 2018 at the Blue Sky Hotel at 4 pm. The company is offering its 28 percent to...
TDB Securities

'ITOOLS' JSC INTRODUCED ITS OPERATIONAL AND FINANCIAL REPORTS OF THE FIRST HALF OF 2018

2018.07.31 •  3 min

On July 30, 2018, ‘Itools’ JSC met with brokers and experts of securities companies and introduced its operational report of the first half of 2018. The number of customers of...
TDB Securities

"BDSEC" JSC PUBLISHED ITS SEMIANNUAL FINANCIAL AND OPERATIONAL REPORTS

2018.07.30 •  2 min

‘BDSec’ JSC, established in 1991, added 1,636 new clients in the first half of 2018. As a result, the company has a total of 200,000 clients. As of April 5, German investor and...
TDB Securities

"MONGOL BASALT" JSC'S SEMIANNUAL REPORT

2018.07.30 •  2 min

Rock wool manufacturer “Mongol basalt” JSC went public with an IPO in May this year and was listed in the Tier 2 board of the MSE. This week the company introduced its semiannual...
TDB Securities

TRADING OF ‘UUJIM KHANGAI’ JSC RESUMED

2018.07.25 •  1 min

According to the official notification of State Inspector of Financial Regulatory Commission, the securities trading of‘Uujim Khangai’ JSC has been resumed from 25 July 2018 upon the...
TDB Securities

MONGOLIA RANKS 53RD IN GLOBAL INNOVATION INDEX 2018

2018.07.18 •  2 min

 Mongolia is being ranked at the 53rd place in the Global Innovation Index (GII) with 35.9 points. The report underlined the lack of political support for start-up businesses despite the...
TDB Securities

FITCH UPGRADES MONGOLIA TO 'B'

2018.07.10 •  4 min

On July 9, the Fitch Ratings has upgraded Mongolia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B' from 'B-'. The Outlook is Stable. The upgrade of...
TDB Securities

CENTRAL BANK: FOREIGN EXCHANGE RESERVES OF MONGOLIA HAVE REACHED MNT 3.26 BILLION

2018.07.03 •  1 min

In May, foreign exchange reserves of Mongolia have reached MNT 3.26 billion - the highest level since 2013. In other words, foreign exchange reserves increased by 9.3 percent from the previous...
TDB Securities

SHARES OF "GAN KHIITS" JSC AND "ULAANBAATAR BUK" JSC HAVE INCREASED BY 7-20 PERCENT FOR THE PAST ONE YEAR PERIOD

2018.07.03 •  1 min

37 construction companies listed on the Mongolian Stock Exchange. Shares of 19 of them are traded actively. For the past one year period, shares of "Gan Khiits" JSC have increased by...
TDB Securities

AVERAGE BROKERAGE FEE OF DOMESTIC SECURITIES COMPANIES IS 1-2 PERCENT

2018.06.28 •  2 min

In the first 5 months of 2018, securities worth MNT 65 billion were traded, of which MNT 25 billion were secondary market trading for securities trading. Average brokerage fee of domestic...
TDB Securities

"DIM SUM" BOND MATURES ON JUNE 30

2018.06.26 •  1 min

"Dim Sum" bond issued by the the Mongolian government in 2015 matures on June 30, 2018. In the secondary market, the price of "Dim Sam" bond fluctuates around USD 100, which is...
TDB Securities

REPORT FROM ERDENE RESOURCE DEVELOPMENT CORP

2018.06.26 •  1 min

‘Erdene Resource Development Corp’ (TSX:ERD| MSE:ERDN), recently listed at Mongolian Stock Exchange announces the filing of an independent technical report in accordance with National...
TDB Securities

7 COMPANIES HAVE RAISED MNT 60.4 BILLION FROM THE CAPITAL MARKET FOR THE LAST 3 YEARS

2018.06.26 •  2 min

 7 companies have raised MNT 60.4 billion from the capital market for the last 3 years. According to the Mongolian Stock Exchange, 20 companies have raised MNT 116.6 billion since 2005....
TDB Securities

2018 DIVIDEND INFORMATION

2018.06.23 •  1 min

Click on the image to see full image.

TDB Securities

SECURITIES TRADING SUSPENDED FOR "ALTAIN ZAM" JSC

2018.06.21 •  1 min

Securities trading has been temporarily suspended for 'Altain Zam' JSC in accordance with the FRC State inspector's order number 38 dated 18th June 2018, due to the potential violation...
TDB Securities

30 PERCENT OF ERDENES TAVAN TOLGOI STAKE TO BE SOLD AT STOCK EXCHANGES

2018.06.20 •  2 min

The Government plans to take certain actions to improve economic efficiency of Tavan Tolgoi mine and to establish necessary infrastructure. In order to raise the required investment, up to 30...
TDB Securities

ERDENE RESOURCE DEVELOPMENT CORP'S SECONDARY MARKET TRADING TO COMMENCE ON WEDNESDAY, 20 JUNE 2018

2018.06.19 •  1 min

As per official letter #1/2795 issued by FRC dated 19 June 2018, Erdene Resource Development Corporation's public offering is deemed successfull and the permission is granted to commence...
TDB Securities

ASPIRE MINING RETURNS 'HIGH-QUALITY' RESULTS FROM MONGOLIAN COKING COAL TESTING

2018.06.19 •  3 min

Coal explorer Aspire Mining (ASX: AKM) has announced “outstanding” results from pilot coke oven testing of a bulk coal sample taken near its Nuurstei coking coal project in Mongolia. ...
TDB Securities

"ERDENE RESOURCES DEVELOPMENT CORPORATION' IPO OVERSUBSCRIBED BY 66 PERCENT

2018.06.15 •  1 min

'Erdene Resources Development Corp', the first cross listed company on the Mongolian Stock Exchange,  has closed the offering of its 2.7 percent or 3,898,900 shares to the public. The...
TDB Securities

“TAVAN TOLGOI” STOCK COMPANY HAS ALLOCATED 2017 DIVIDENDS TO ITS CLIENTS’ ACCOUNTS

2018.06.13 •  1 min

"Tavan Tolgoi" JSC has allocated its MNT 2,410 (or MNT 2,169 after tax) dividends to its clients' accounts. Dividend Payment Date Dividend of the year Ticker Stock company name ...
TDB Securities

FIRST DUAL LISTED “ЕRDENE RESOURCE DEVELOPMENT” TO RECEIVE PRIMARY MARKET ORDERS

2018.06.11 •  2 min

"Erdene Resources Development", first dual-listed company on the Mongolian Stock Exchange, started receiving primary market orders. "BDSec SC" JSC is working as a main...
TDB Securities

“ERDENE RESOURCE DEVELOPMENT” ISSUES 4 MILLION SHARES ON MSE

2018.06.05 •  1 min

Orders for Erdene Resource Development, the first dual-listed company on the Mongolian Stock Exchange, have commenced and will continue until June 14 through member brokerage companies. The The...
TDB Securities

TRADING OF 'KHUVGUL ALTAN DUULGA' JSC RESUMES

2018.05.29 •  1 min

According to the official notification No.:35 of State Inspector of Financial Regulatory Commission given on 28 May 2018, the securities trading of 'Khusgul Altan Duulga' JSC resumed from...
TDB Securities

GOVERNMENT: MONGOLIA TO LAUNCH IPO FOR 30 PERCENT OF TAVAN TOLGOI PROJECT

2018.05.29 •  2 min

The parliamentary group of Mongolian People’s Party (MPP) held a meeting concerning the Tavan Tolgoi coal mining project on 28 May. The parliamentary groups hold meeting on every Monday;...
TDB Securities

STATE-OWNED COMPANIES TO BE PRIVATIZED

2018.05.24 •  2 min

At its regular meeting on May 23, the Cabinet discussed a draft parliamentary resolution ‘Approval of the basic guideline to privatize state properties in 2018-2020’ and decided to...
TDB Securities

MONGOL BASALT JSC: SUBSCRIPTIONS UP TO MNT 372 THOUSAND CAN BE FULLY COMPLETED

2018.05.24 •  1 min

The primary market subscription of 'Mongol Basalt' JSC reached MNT 20.4 billion. Therefore, the shares of the company oversubscribed by 3.2 times.   According to 'Bumbat...
TDB Securities

FIRST DUAL LISTING APPLICATION APPROVED BY FRC

2018.05.23 •  1 min

According to the FRC’s meeting held on 23 May 2018, the application of Toronto–listed ‘Erdene Resource Development Corporation' (ERD.TSX) for listing of 4,000,000 shares...
TDB Securities

FEDERAL RESERVE'S MONETARY POLICY AND MONGOLIA

2018.05.22 •  2 min

The US monetary tightening over the next few years should be manageable for most Asia-Pacific banks, says Fitch Ratings. However, markets with higher dependence on foreign funding and external...
TDB Securities

ERDENES TAVAN TOLGOI JSC WILL SELL EAST TSANKHI'S COAL AT USD 60 PER TON TO CHALCO

2018.05.14 •  2 min

'Erdenes Tavan Tolgoi' JSC increased its East Tsankhi's coal price by 70 cents per ton to USD 60 supplied to 'Chalco'. The company will increase the price to USD 61.35, and the...
TDB Securities

MONGOL BASALT: SUBSCRIPTION OFFERING BEGINS ON MAY 14

2018.05.11 •  2 min

"Mongol Basalt" closed joint stock company becomes an open joint stock company. The company is offering 30 percent of its shares at MNT 380 to the public. Although the company is...
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'HBOil' JSC PLANS TO SELL 1400 TONS OF MAZUT IN 2018

2018.04.30 •  1 min

'HBOil' company listed in the Board II on the Mongolian Stock Exchange plans to sell 1400 tons of mazut in 2018 . The company sold about 630 tons of mazut worth MNT 561.5 million in 2017....
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‘TAVAN TOLGOI’ JSC DISTRIBUTES 90% OF ITS NET PROFIT AS DIVIDENDS

2018.04.27 •  1 min

‘Tavan Tolgoi’ JSC listed in the Board I on the Mongolian Stock Exchange  decided to distribute 90 percent of its net profit or approximately MNT 127 billion as dividends. As a...
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ATTENTION TO SHAREHOLDERS OF ‘ATAR URGUU’ JSC

2018.04.26 •  1 min

As the Khan-Uul District Civil Court  of First Instance issued a decision on April 23, 2018 to suspend the Board Resolution No.14 of March 19, 2018 of "Atar Urguu" JSC until the...
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AND ENERGY INCREASES ITS DIVIDEND AMOUNT

2018.04.25 •  1 min

And Energy JSC's Shareholders meeting has been held in Orkhon Province on April 24.   As of March 16, which was the record date of the meeting, a total of 432 shareholders were holding...
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'KHURD' JSC TO DISTRIBUTE DIVIDENDS

2018.04.25 •  1 min

According to the Resolution No.: 03 of 'Khurd' JSC’s  Board of Directors Meeting held on 15 February 2018, the decision to distribute MNT67.2 million to its shareholders by a...
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SHAREHOLDER STRUCTURE OF 'TELECOM MONGOLIA' JSC CHANGED

2018.04.19 •  1 min

On 18 April 2018, the block trading of MSE listed ‘Telecom Mongolia’ JSC,  was organized at the Mongolian Stock Exchange in order to transfer a 40  percent stake from...
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APPOINTMENTS BECOME BOOKABLE ONLINE FOR PROSPECTIVE ISSUERS

2018.04.18 •  1 min

In  recent years, Mongolian capital market has experienced a significant  growth and increased IPOs and SPOs demonstrated by the market turnover  and indices growth of 2017. ...
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'STANDART NOOS' JSC WILL PRODUCE 300 TONS OF WOOL THIS YEAR

2018.04.13 •  2 min

Standart Noos JSC plans to prepare 300 tons of wool from herders this year. The company plans to install a fully equipped wool washing plant and build a new storage facility with a capacity of...
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BLOCK TRADING OF ‘TELECOM MONGOLIA’ JSC TO BE ORGANIZED

2018.04.13 •  1 min

The block trading of MSE listed ‘Telecom Mongolia’ JSC,  will be organized at the Mongolian Stock Exchange in order to transfer a  40 percent stake from ‘Korea...
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NSO: COAL EXPORTS REACHED THE HIGHEST LEVEL IN LAST SIX MONTHS

2018.04.13 •  4 min

According to data revealed by the National Statistics Office, Mongolia’s exports in the first quarter of 2018 were valued at $1.5 billion, while imports stood at $1.1 billion, taking total...
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RIO TINTO: OYU TOLGOI'S COPPER CONCENTRATE WILL BE EXPORTED TO JAPAN AND SOUTH KOREA

2018.04.12 •  1 min

After the beginning of Oyu Tolgoi’s underground mining, the company plans to export copper concentrate to Japan and South Korea. According to Rio Tinto’s CEO,  the company is...
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‘GAN KHIITS' JSC WILL DISTRIBUTE MNT 24.2 MILLION AS DIVIDENDS DESPITE LOSSES IN 2017

2018.04.12 •  1 min

Gan Khiits is planning to increase sales income and earn MNT 2.1 billion in 2018. The company produced 240 tons of metal products and earned MNT 1.6 billion in 2017. The company is planning to...
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ADB: MONGOLIA'S GDP GROWTH WILL MODERATE TO 3.8 PERCENT IN 2018

2018.04.11 •  3 min

Mongolia’s economic growth will remain solid in 2018 and 2019, albeit with slight moderation, following a strong performance in 2017 as coal exports and mining investments strengthened,...
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SALES OF AND ENERGY JSC HAS INCREASED BY 24 PERCENT IN THE FIRST QUARTER

2018.04.11 •  2 min

Sales of the And Energy JSC listed on the Mongolian Securities Exchange has increased by 24 percent in the first quarter of this year. The company produced 5.5 thousand led lamps and sold 2.2...
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LENDMN JSC REMOVES THE ISSUE OF SHARE BUYBACK FROM THE SHAREHOLDERS MEETING AGENDA

2018.04.10 •  1 min

‘LendMN’ JSC,  the most recent company listed on the MSE, announced that it will  convene its Extraordinary Shareholders' Meeting on 10 May 2018 and the  meeting...
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MSE: CANADIAN COMPANY IS LISTED IN THE TIER 3

2018.04.06 •  2 min

In connection with the dual-listing application received from the Toronto Stock Exchange listed company dated on 12 March 2018, MSE listed its up to 4,000,000 shares worth 1.2 million Canadian...
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'KHUKH GAN' JSC'S STOCK PRICE HAS RISEN 67.8 PERCENT YEAR-ON-YEAR

2018.04.06 •  1 min

Since idle in 2015, “Khukh Gan” has announced its plans to produce DRI and hermalonate in 2018. “Khukh Gan” launched its IPOs in 2008 and raised MNT  3.2 billion from...
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THE BANK OF MONGOLIA: INFLATION IS EXPECTED TO STABILIZE AT A TARGET RATE OF 8 PERCENT

2018.04.06 •  2 min

If the inflation was accelerating in 2017, it is expected to stabilize this year, according to the report of the Bank of Mongolia’s inflation forecast.  With the season’s...
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MSE LISTS TSE LISTED COMPANY

2018.04.05 •  1 min

In  connection with the dual-listing application received from the Toronto  Stock Exchange listed company dated on 12 March 2018, MSE listed its up  to 4,000,000 shares worth 1.2...
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ATTENTION TO SHAREHOLDERS OF 'KHUVSGUL ALTAN DUULGA' JSC

2018.04.05 •  2 min

According to the Annual Shareholders' Meeting dated 02 April 2017 of “Khuvsgul Altan Duulga” JSC, a  resolution to additionally issue common shares of 4,405,600 and offer...
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MATERIAL IMPEX JSC EARNED NET PROFIT OF MNT 492.98 MILLION

2018.04.04 •  2 min

Material Impex JSC, listed in the Tier 2 on the Mongolian Stock Exchange, imported 1392 freight imports containers in 2017 increasing by 62 percent from 2016.  Import of freight wagons...
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APU JSC PAID MNT 129.4 BILLION TAXES AND EARNED NET PROFIT OF MNT 24.8 BILLION

2018.04.04 •  2 min

In 2017, APU JSC, which is listed on the MSE and has the highest market capitalization, produced 97.2 liters of 166 products increasing by 4 percent from the previous year. Thus, the company paid...
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TALKH CHIKHER JSC SOLD 37.5 TONS OF PRODUCTS AND EARNED SALES INCOME OF MNT 36.4 BILLION

2018.04.03 •  1 min

Talkh Chikher JSC, the food manufacturer, announced that it will update its equipment, diversify its products and boost its capacity in 2018.  The company sold 37.8 tons of 98 products and...
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MONGOLBANK PURCHASES 734 KG GOLD IN MARCH

2018.04.02 •  1 min

The Bank of Mongolia purchased  734 kg gold in March, it reported on April 2.  As such, the bank has purchased 2.3 tons of gold in the first three months of 2018, which shows 2.1 percent...
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LENDMN JSC'S INTEREST INCOME INCREASED BY 143 TIMES

2018.03.30 •  1 min

‘LendMN’ JSC earned net income of MNT 23.9 million. Before that, the company had a total loss of MNT 7.5 million in 2016. The company’s interest income increased by 143 times and...
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'MONGOL POST' JSC INCREASES ITS DIVIDENDS

2018.03.29 •  1 min

Due to the change in the amount of net profit for the year of 2017 by the audited financial report, ‘Mongol Post’ JSC approved the decision to distribute dividends of MNT367.2 million...
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SALES INCOME OF 'SOUTHGOBI RESOURCES' INCREASED BY 2 TIMES AND REACHED USD 121 MILLION

2018.03.29 •  2 min

Sales income of ‘Southgobi Resources’ that has duallisting on Toronto and Hong Kong Stock Exchanges increased by almost 2 times and reached USD 121 million.   In 2017, coal price...
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'GOBI' JSC WILL INCREASE ITS SALES INCOME BY 21 PERCENT

2018.03.29 •  2 min

‘Gobi’ JSC that has market cap of more than MNT 180 billion is planning to increase its sales income by 21 percent and reach MNT 150.4 billion.  The company announced that sales...
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ERDENES TAVAN TOLGOI BECOMES DEBT FREE

2018.03.28 •  3 min

CEO of Erdenes Tavan Tolgoi JSC D.Ariunbold announced that the company paid off its USD 350 million debt to China’s aluminum company, Chalco. Thus, the first phase of contract established in...
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RIO EXITS COAL BUSINESS

2018.03.28 •  2 min

Rio Tinto Group completed its exit from coal with a bang, agreeing to sell more than $4 billion of Australian mines in just a week.  The world’s second-biggest miner on Tuesday agreed...
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MAK: THE COAL IS SOLD AT USD 500 PER TON AT THE MINE SITE

2018.03.27 •  2 min

‘Erdenes Tavan Tolgoi’ JSC that plans to export 10 million tonnes of coal in 2018 could not negotiate with ‘Chalco’. As of March, the coal price is sold at USD 68.1 per...
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TRQ: OYU TOLGOI ANNOUNCES COMPLETION OF UNDERGROUND VERTICAL SHAFT 5 SINKING AND REACHED THE FINAL DEPTH

2018.03.21 •  1 min

Turquoise Hill Resources announces that Oyu Tolgoi completed the sinking of vertical Shaft 5, reaching the final depth of 1,178 meters. In the fourth quarter of 2017, the installation of the...
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IMPORT OF DIESEL FUEL HAS INCREASED BY 81 PERCENT FROM THE SAME PERIOD OF THE PREVIOUS YEAR

2018.03.16 •  2 min

According to the NSO’s report, import of diesel fuel has decreased by 10 percent and reached $ 46 million in February. However, comparing results of the first two months of this years to the...
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CLARIFICATION ABOUT LENDMN BLOCK TRADING

2018.03.16 •  1 min

On 14 and 15 March 2018, 20.0 million Shares of ‘LendMN BBSB’ traded on block trading of MSE. ‘Mirae Asset Securities Mongol UTsK’ LLC, the underwriter company who...
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TRQ: SALES INCOME DECREASED BY 21.9 PERCENT AND REACHED USD 939.8 MILLION IN 2017

2018.03.16 •  1 min

Earnings per share of Turquoise Hill Resources, the Oyu Tolgoi investor, surpassed analyst’s forecast and reached 3 cents.In addition, the sales income in forth quarter reached $ 251.7...
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THE SECONDARY MARKET TRADING OF LENDMN JSC HAS STARTED

2018.03.14 •  1 min

The secondary market trading of LendMN JSC has started on March 14. The company offered 25 percent of its shares to the public and the strategic investors. Althought the company launched the IPO...
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MINIMUM AMOUNT OF BLOCK TRADING CHANGED TO PREVIOUS AMOUNT

2018.03.14 •  1 min

MSE CEO’s order No.: A/32 dated 28 February 2018 has been revoked in accordance with the direction given by the FRC on 12 March 2018.  Therefore, the minimum amount of block trading has...
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MONGOLIAN STOCK EXCHANGE RECEIVED THE FIRST DUAL-LISTING APPLICATION

2018.03.13 •  2 min

The amendments to the Securities Markets Law created the legal framework for introducing dual-listing in Mongolia. Dual-listing refers to the listing of foreign listed companies on domestic stock...
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ING: CRUDE OIL PRICES ARE LIKELY TO DECLINE

2018.03.13 •  1 min

The crude oil price may drop below $ 60 in the second half of this year, according to ING’s analysts.  The US oil supply to the Asian market is continuously increasing, which is a...
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GLOBAL MINING EQUIPMENT MARKET IMPROVING

2018.03.13 •  1 min

The cost saving policy of mining companies is ending as well as mining equipment market is improving in 2018.  Capital spending for key metal mining companies dropped 64 percent in 2013-2017,...
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COPPER: EXPORT EARNINGS HAVE STRENGTHENED ITS LEADERSHIP POSITION

2018.03.13 •  5 min

According to the National Statistical Office, Mongolia exported $838.4 million of goods and imported $ 726 million in the first two months of this year. The trade turnover in the first two months...
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SHELL: FUEL DEMAND WILL RISE CONTINUOUSLY

2018.03.12 •  1 min

According to Shell, fuel demand will grow continuously over the next 20 years.  In the context of climate change policies, international renewable energy is increasing. However, in the...
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SALES INCOME OF GOBI JSC REACHED MNT 124.4 BILLION AND INCREASED BY 40.3 PERCENT

2018.03.12 •  2 min

Sales income of Gobi JSC, which is pursuing a policy to intensify exports, has reached MNT 124.4 billion in 2017 and increased by 40.3 percent comparing to the previous year. The company is aiming...
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ENTREE RESOURCES WILL SPEND USD 1.2-1.5 MILLION ON PROJECT IN MONGOLIA IN 2018

2018.03.12 •  1 min

Entree Resources which is listed on Toronto Stock Exchange introduced updated technical report on the Entree/Oyu Tolgoi joint venture project.  According to the report, it is estimated that...
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MONGOLIAN CENTRAL SECURITIES DEPOSITORY: THE NUMBER OF NEW ACCOUNT HAS INCREASED BY 2.5 TIMES

2018.03.12 •  2 min

The number of individuals and enterprises that opened new brokerage accounts has increased by 2.5 times and has exceeded 10 thousand in February comparing to the previous month. It is the highest...
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INFLATION RATE MAY BE KEPT CLOSE TO THE CENTRAL BANK'S TARGET RATE OF AROUND 8 PERCENT

2018.03.09 •  2 min

According to the Bloomberg’s economists club, inflation rate may be kept close to the Central Bank’s target rate of around 8 percent. For example, most analysts estimate that inflation...
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MSE: LENDMN JSC'S MINIMUM BID LOT EXPECTED TO BE MNT 75 THOUSAND AS THE IPO WAS OVERSUBSCRIBED

2018.03.09 •  2 min

Mongolia’s first IPO of a non-banking financial institution LendMN has raised MNT 43.8 billion after it listed at the Mongolian Stock Exchange. Initially, the company offered 25 percent of...
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CREDIT SUISSE: JAPAN'S ECONOMY FACES HEADWINDS

2018.03.09 •  2 min

According to the analysts of Credit Suisse, Japan’s economic growth may slow down in the first quarter of this year. After a run of smooth sailing, Japan faces choppier economic waters,...
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TRUMP SIGNS TARIFF ORDER ON STEEL AND ALUMINIUM

2018.03.09 •  3 min

The president signed a proclamation authorizing the tariffs at a meeting Thursday afternoon with workers from the steel and aluminum industries. The U.S. will levy a 25 percent duty on steel and...
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SALES INCOME OF HBOIL JSC HAS INCREASED BY 23.6 PERCENT AND HAS REACHED MNT 561.4 MILLION

2018.03.06 •  1 min

Sales income of Hai Bi Oil JSC, which is listed in classification II of the Mongolian Stock Exchange, increased by 23.6 percent to MNT 561.4 million in 2017. The financials of the company show...
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CHINA INTENDS TO DECREASE STEEL PRODUCTION BY 30 MILLION TONES IN 2018

2018.03.05 •  2 min

Chinese authorities plan to decrease steel production by another 30 million tones, and coal output by more than 150 million tones this year, as part of efforts aimed at reducing excess capacity,...
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SALES INCOME OF MOGOIN GOL JSC HAS INCREASED BY 31 PERCENT AND HAS REACHED MNT 2.5 BILLION IN 2017

2018.03.05 •  2 min

Sales income of Mogoin Gol JSC, which is listed in classification II of the Mongolian Stock Exchange, has reached MNT 2.5 billion, increasing by 31 percent compared to 2016. Coal production...
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TOP MINERS SEEK IPO OPPORTUNITIES AS EXPLORATIONS SHOW POSITIVE RESULTS

2018.03.05 •  3 min

Several potential IPOs were disclosed during the Prospectors and Developers Association of Canada (PDAC) 2018 convention. Mongolian Metals Corporation and Steppe Gold have expressed their...
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APU JSC HAS EARNED NET INCOME OF MNT 24.87 BILLION OR MNT 23.4 PER SHARE

2018.03.05 •  2 min

Net income of APU JSC, which has the highest market capitalization, reached MNT 24.87 billion in 2017 and increased by 8.7 times compared to the previous year. The financial statements show that...
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WILL THE POLITICAL INSTABILITY AFFECT MONGOLIA'S METALS EXPORT?

2018.03.02 •  1 min

Analysts at Bloomberg Intelligence believe that political instability and  volatility of metal prices will affect Mongolian exports to China. Especially Mongolia’s relations with...
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NOGOON HUGJIL UNDESNII NEGDEL JSC HAS BEEN UPGRADED TO BOARD II

2018.03.02 •  1 min

Based on The Clause No.: 20.2 and 20.3.1 of Listing Rules of MSE and the company’s request to upgrade to Board II dated 2 February 2018,  “Nogoon Khugjil Undesnii Negdel”...
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DONALD TRUMP ANNOUNCED STIFF, ALUMINUM TARIFFS

2018.03.02 •  2 min

TariffsPresident Donald Trump invited a trade war after slapping tariffs on steel and aluminum imports, daring other countries to act on threats of retaliation.  “When a country (USA)...
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OYU TOLGOI WILL PAY MNT 861.5 MILLION TAX AND FINE TO THE STATE BUDGET

2018.03.01 •  1 min

Oyu Tolgoi LLC rejected the result of the inspection of Customs Organization and the Customs Inspector’s act on the company. In February last year, Oyu Tolgoi LLC filed a lawsuit in...
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WEB PLATFORM PROVIDES INFORMATION ON MONGOLIAN SMALL-SCALE MINING

2018.03.01 •  1 min

The Ministry of Mining and the Swiss Agency for Development and Cooperation launched web platform ‘Artisanal and Small Scale Mining Knowledge Hub’ on March 1.   The web platform...
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MINIMUM AMOUNT OF SECURITIES BLOCK TRADING HAS BEEN CHANGED

2018.03.01 •  1 min

According to requests of the market participants, the minimum amount of securities block trading was changed to MNT100.0 million from MNT250.0 million by the Order No.: A/32 of CEO of MSE, dated...
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FITCH: MAK'S BOND ISSUANCE HAS BEEN DELAYED

2018.03.01 •  2 min

Fitch Rating announced that Mongolyn Alt (MAK) LLC has received an extension on the expiry of its consent and waivers for its loans from the European Bank for Reconstruction and Development and...
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CABINET DECIDES TO BAN RAW COAL CONSUMPTION IN 2019

2018.02.28 •  2 min

The Cabinet has resolved to ban consumption of raw coal in Ulaanbaatar starting from May 15, 2019, in an effort to reduce air pollution. The decision, made on February 28, won’t be...
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TRQ: “OYU TOLGOI” COPPER PRODUCTION AND GOLD PRODUCTION WILL INCREASE BY 340 PERCENT AND 150 PERCENT RESPECTIVELY IN 2018-2025

2018.02.28 •  2 min

Turquoise Hill Resources, which is listed on the Toronto and New York Stock Exchange, introduced an “Oyu Tolgoi” project at BMO Global Metals and Mining Conference. Copper production...
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FOREIGN MINISTER HIGHLIGHTS ECONOMIC RECOVERY AT BCM MONTHLY MEETING

2018.02.28 •  2 min

On February 27, Foreign Affairs Minister D.Tsogtbaatar attended as a panelist in the monthly meeting of the Business Council of Mongolia.   Under the theme ‘Improving trade &...
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JEROME POWELL: THE FEDERAL RESERVE RAISING U.S. INTEREST RATES FOUR TIMES THIS YEAR

2018.02.28 •  2 min

Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged stronger economic growth may prompt policy makers to rethink their plan for...
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MONGOLBANK PURCHASES 1,518 KG GOLD IN FIRST TWO MONTHS OF 2018

2018.02.27 •  1 min

Mongolbank purchases 1,518 kg gold in first two months of 2018. The Bank of Mongolia has purchased 390 kg gold as of February 26, which shows 47.4 percent decrease against the same period of 2017....
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NET INCOME OF AND-ENERGY REACHED MNT 121.4 MILLION

2018.02.27 •  2 min

Sales of “And-Energy” company that produces LED lamps has reached MNT 944.3 million, and net income has reached MNT 121.4 million. The report shows that 60.2 percent of the sales...
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GOLDMAN SACHS: A RISE IN RATES TO 4.5 PERCENT WOULD CAUSE A DECLINE IN EQUITY PRICES

2018.02.26 •  1 min

If the 10-year U.S. Treasury yield hits 4.5 percent by year-end, the economy would probably muddle through-stocks, not so much, according to Goldman Sachs Group Inc. “A rise in rates to 4.5...
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STOCK MARKET VALUE REACHES HISTORIC HIGH LEVEL

2018.02.26 •  2 min

Authorities of the Financial Regulatory Commission (FRC) reported on February 26 that all indicators of stock market had growth in 2017.Specifically, a total stock market value reached MNT 2.4...
TDB Securities

SALES INCOME OF BAYANGOL HOTEL INCREASED BY 14.5 PERCENT IN 2017

2018.02.26 •  1 min

Sales income of Bayangol Hotel with market capitalization of MNT 14.2 billion has increased by 14.5 percent to MNT 6.4 billion in 2017.Net income of the company decreased by 23 percent to MNT 2.5...
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