To honor the occasion of the primary market opening of "Bogd bank" JSC's IPO, Mr. G.Amartuvshin, Member of State Great Khural, Mr. D.Bayarsaikhan, Chairman of the Financial Regulatory Commission, Mr. Lkhagvasuren, Governor of the Bank of Mongolia, Mr. Kh. Altai, Chief Executive Officer of the Mongolian Stock Exchange, Mr. B.Dulguun, Head of the Securities Market Department of the Financial Regulatory Commission, Mr. B. Saruul, Chief Executive Officer of "Bogd Bank" JSC, and other delegates visited Mongolian Stock Exchange and rang the bell to start the 6,607th securities trading of the Mongolian Stock Exchange.

"Bogd Bank" LLC is the first bank to apply for a public company under the banking sector reform. The bank is offering 20 percent or 12,500,000 shares of its total shares for MNT 2,540 per share to raise a total of MNT 31.75 billion. Seventy percent of total issuing shares will be offered to strategic investors, and the remaining 30 percent will be offered to the public.

As specified in the prospectus, the raised proceeds of MNT 31.75 billion will be invested in technology, products and service development, and sales channel development.

MONGOLIAN STOCK EXCHANGE