According to the provision 20.1.6 of Securities Market Law and Accounting Law, a securities issuer shall have an obligation to submit annual financial reports to the stock exchange by February 10th of each year however, Mongolia’s Tax Authority extended date of submission day until February 26, 2021.
As of February 26, 2021, 95 issuers, excluding consolidated companies, out of 192 submitted their financial reports to MSE. Remaining 97 listed companies failed to submit their report.
MSE hereby informs that it will impose measures stipulated in the “Regulation on Information Disclosure” of FRC, relevant rules and regulations of MSE and “Listing Agreement” against the companies that failed to fulfill their legal obligation before March 15, 2020.
Please click here to view the companies that fails to submit their financial reports.
MONGOLIA STOCK EXCHANGE