By the relevant decisions of the Parliament and the Government of Mongolia, the "Mongolian Stock Exchange" JSC raised a total of 11.9 billion MNT by offering additional shares to the public in December 2022.
Regarding the disbursement of the raised capital, it is clearly stated in the prospectus of the securities, and it is planned to be disbursed as follows:
- The enhancement of the trading system -63.7%
- The security of information technology -10.7%
- The automation of internal operations- 6.1%
- The establishment of a center aimed at enhancing the availability of capital market information and training services-19.5%
Our company plans to spend 6.1 billion MNT from the total raised capital in 2023, and 1,487,111,980 MNT has been disbursed according to the plan as of December 31, 2023.
The procurement process for goods, projects, and services included in the plan of the raised capital is being implemented step by step, following the guidelines outlined in the law "On the procurement of goods, projects, and services utilizing state and local assets" and in the company's securities prospectus.
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MONGOLIAN STOCK EXCHANGE