To honor the occasion of the primary market opening of "Central express CVS" JSC’s IPO, Mr. L.Enkhtaivan, Commissioner of the Financal Regulatory Commission, Mr. Kh.Altai, CEO of the Mongolian Stock Exchange, Mr. A.Ganhuyag, Chairman of the Board of Directors of "Premium group", Mr. G.Chinzorig, CEO of "Central express CVS" JSC, Mr. S.Gan-Erdene, CEO of lead underwriter "Golomt Capital UTsk" LLC, Mrs. B.Lkhamsuren, CEO of co-manager "Apex capital UTsK" LLC, and other delegates visited Mongolian Stock Exchange and rang the bell to start the 6586nd securities trading of MSE.
During the ceremony, Mr. Kh. Altai, CEO of the Mongolian Stock Exchange, highlighted that "Central express CVS" JSC is the first company to undergo an assessment of environmental, social, and governance at a time when a sustainable financial system is being introduced to the capital market within the Sustainable Stock Exchange Initiative. Mr. L. Enkhtaivan, Commissioner of the Financial Regulatory Commission, also mentioned that "Central express CVS" JSC not only rendering service but also carrying out 24-hour production in accordance with international best practice is the first in Mongolia and told to promote good corporate governance.
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. The raised proceeds of MNT24,952,940,480 will be invested in opening new stores and improving the facilities of distribution centers and food production as specified in the prospectus.
"Golomt Capital UTsK" LLC works as a lead underwriter along with "Apex Capital" LLC, a co-manager. "BDO Audit" LLC work as an auditor, "Gerege estimate" LLC as an asset valuation service provider, and "Batbayar and partners" LLC as a legal advisor.
Please click here to see the prospectus.
MONGOLIAN STOCK EXCHANGE