To honor the occasion of the primary market opening of ‘Bodi Insurance’ JSC’s IPO, Mr. D.Bayarsaikhan, Chairman of FRC, Mr. Kh.Altai, CEO of Mongolian Stock Exchange, Mr. G.Saruul, the Board member of ‘Bodi Insurance’ JSC; Mr. B.Zolbayar, CEO of ‘Bodi Insurance’ JSC; Mr. D.Lkhagvadorj, Deputy CEO of BDSec Securities firm JSC; Mr. M.Otgonbayar, CEO of ‘Trans Bank Mongolia’ LLC and other delegation visited Mongolian Stock Exchange and rang the bell to start the 6232nd securities trading of MSE.
Having been listed on the Tier I of MSE that includes the premier companies in terms of its operation, profit and corporate governance, ‘Bodi Insurance’ JSC is offering its 20 percent of total outstanding shares with the aim of raising MNT 5.3-5.6 billion. The Company will sell its 60 percent of the total offering shares at the fixed price of MNT113 per share to strategic investors and 20 percent at the price between MNT 113-135 per share to public. The proceeds will be used for investment and the improvement of the technology.
Since 2014, “Bodi Insurance” JSC has been cooperating with “AXA” group, the world's leading health insurance service provider based in France, in the field of reinsurance and health insurance. By introducing the “Insurtech” application into its operation, the “Bodi Insurance” JSC is a pioneer in e-insurance services and reimburse claims within 20 minutes through any social channels preferred by its customers.
The subscription will be received through MSE’s all member brokerage companies during the period between 9.30 am-4 pm during the days between May 25, 2020 and June 8, 2020.
MONGOLIAN STOCK EXCHANGE