Primary market subscription of Central Express CVS shares will be received through all member securities companies from October 29 to November 4, 2021 from 10:00 to 17:00 pm.
Fifty percent of total issuing shares will be offered to strategic investors defined by the issuer and lead underwriter, and the remaining 50 percent will be offered to the public through the fixed price method stated in the Primary market trading rules of the MSE.
The lead underwriter "Golomt capital UTsK" LLC defines strategic investors as follows, and the strategic investors will invest in shares worth MNT 100,000,000 with 6 months or more lock-up period:
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Clients entered into a pre-order agreement with "Central Express CVS" LLC, "Golomt capital UTsK" LLC, and "Apex Capital UTsK" LLC to purchase shares,
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Clients of other brokerage firms signed cooperation agreement with the lead underwriter "Golomt capital UTsK" LLC to invest in the IPO.
Furthermore, according to the issuer's request, employees orders of "Central Express CVS" LLC and "Premium" group's subsidiaries who have agreed to have their shares locked in will be fully filled.
If investors' order exceeds the number of offering shares, an additional 15% of the original offer will be issued and allotted to strategic investors. However, a 50-percent public subscription tranche is oversubscribed, orders of 1000 shares or MNT up to 208,000 will be fully filled, and the remaining orders will be allocated on a pro-rata basis.
Please click here to see allocation policy.
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