The National Privatization Fund, a closed-end investment fund established by the Ard Management LLC, is offering 95 percent of its total units worth MNT 4.75 billion to the public and strategic investors and receiving subscriptions during the period between 10-4 pm on October 5-15th, 2020.
50 percent of the fund units will be offered to strategic investors, and the remaining will be offered to the public.
The mutual fund subscription will be taken between October 05, 2020, and October 15, 2020, from 10:00 am to 16:00 pm through brokerage companies using the fixed price method stated in the Primary market trading rules of the MSE.
In the case of oversubscription, orders up to MNT 500,000 will be fully filled, and orders over MNT 500,000 will be allocated on a pro-rata basis.
|
|
Minimum Order limit |
Maximum order limit |
Lock-up period |
Total Volume |
|
Public |
None |
MNT 100,000,000 |
None |
Remaining units after allocating to strategic investors |
|
Strategic investors |
MNT 250,000,000 |
MNT 500,000,000 |
6 months |
Up to MNT 2,375,000,000 |
Click here to see the prospectus of the Fund.
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