According to Financial Regulatory Commission Resolution No. 689 dated December 9, 2022, and Order No. A/102 of the CEO of the Mongolian Stock Exchange (MSE) dated September 9, 2022, "KHAN Bank" LLC’s primary market subscription of shares will be accepted from April 13 to April 19, 2023, from 9:00 a.m. to 7:00 p.m. through MSE member securities companies.

Up to 85 percent of the shares will be offered to strategic investors, and the remaining 15 percent will be offered to the public at a fixed price method determined in accordance with the "Primary Market Trading Rules" of the Mongolian Stock Exchange.

The underwriter will adhere to the principle of 100% fulfillment of the orders of the issuer's strategic investors, and the shares to be offered to other investors will be distributed according to the following conditions: 

Condition 1: Up to 500,000 MNT if the number of investors is up to 30,000

Condition 2: Up to 300,000 MNT if the number of investors is more than 30,001.

The main underwriter for the IPO of KHAN Bank is "BDSec UTsK" JSC, and the assistant underwriter is "Tavanbogd Capital" LLC.

Click here for the prospectus of the securities.

MONGOLIAN STOCK EXCHANGE