As of 2019, China market accounts for 55 percent of APU JSC’s total export sales. According to the operational report, the company distributed the products in 11 cities of China and this is an increase of 78 percent compared to the previous year. APU JSC considers Russia and China to be its main export markets…. Read more »
Board of Directors of Khukh Gan JSC listed on Tier-II of MSE issued a decision not to distribute dividend for 2019. The company did not produce new product last year. As a result, the company operated with loss of MNT 65 million. Of which MNT 55.3 million was spent for general and administrative expense. Khukh… Read more »
Share price of Erdene Resource Development Corporation listed on Toronto and Mongolian Stock Exchanges increased last Friday. In particularly, share price of the company rose by around 3 percent and closed at CAD 0.17 on Toronto Stock Exchange, which was shown increase of 25 percent comparing to the previous week. Whereas share price of the… Read more »
LendMN NBFI JSC expanded its business operations so the company will operate in introducing new clearing service and giving an investment advisory. Within the framework of above expansions, the company has amended relative rules of the company. Name of “Mongolian Securities Clearing House” company will be changed to “Mongolian Securities Clearing Center”. Also, shareholders’ equity… Read more »
Khar Khorum Properties JSC listed on Tier-III of MSE has planned to split its stock by 10-for-1. Currently the company has been 15.79 million shares so the company will be 157.87 million shares after stock split. Per share price of the company closed at MNT 100 so it will be MNT 10 per share. According… Read more »
Share price of Aduunchuluun JSC listed on Tier-II of MSE had planned to sell 585 thousand tons coal but the company mined 315.4 thousand tons in 2019. Therefore, the company could not reach the planned amount last year. Sales revenue of the company reached MNT 4.9 billion last year, which had decreased by 40 percent… Read more »
Companies listed on Mongolian Stock Exchange have announced their financial report of 2019 as well as they have decided whether to distribute dividend or not during the period. Currently 34 companies listed on MSE and MSX announced that they will distribute dividend from net profit of 2019. Total dividend amount of above companies has reached… Read more »
On March 19th, 2020, FRC approved the amendments of the Trading Rules of MSE which was adopted by the decision No. 2020/07 of Board of Directors Meeting of Mongolian Stock Exchange dated February 7th, 2020. The amendments provide the regulation of trade confirmation and cancellation as well as trading of asset backed securities, fund units,… Read more »
Mining companies listed on MSE have scheduled their AGM. In particular, Tavantolgoi JSC listed on Tier-I of MSE scheduled to hold its annual general meeting of shareholders in Tsogttsetsii soum of Umnugobi province on April 29, 2020. The company will announce their decision with regards to the dividend distribution at the meeting. Sales revenue of… Read more »
Invescore NBFI JSC will issue a bond of MNT 10 billion. The company will offer closed-end bond to the investors and each one of the 10,000 bonds will be issued by MNT 1,000,000 par value. Also, shares of 15 shareholders which own 87.7 percent of Invescore NBFI JSC has been freed from separation as well… Read more »
