"Central express CVS" JSC, a newly registered in TIER 3 of the Mongolian Stock Exchange, offered 15% or 119,966,060 shares of its total shares to strategic investors and the public, and primary market subscriptions were received from October 29 to November 4, 2021, from 10:00 to 18:00. 

When reconciling total primary market orders from "Central express CVS" JSC with a cash balance in Mongolian Central Securities Depository, a total of 9,643 individuals and entities subscribed for shares worth MNT40.1 billion, which is oversubscribed by 60.7%. 

According to allocation policy by the lead underwriter "Golomt capital UTsK" LLC, 50% or 77,977,939 shares of its total issuing shares was allotted to strategic investors, an order of up to 1000 shares from the public was fully fulfilled, and the remaining balance was allocated on 48.8% pro-rata basis. 

As the security's primary market orders exceeded offering shares, an additional 15% of inital offer is being issued. 89% or 16,061,618 shares of an additional offer will be allotted to strategic investors, and the remaining 1,993,291 shares will be allocated to employees of "Central express CVS" JSC and "Premium group" LLC.

MONGOLIAN STOCK EXCHANGE