‘Khuvsgul Altan Duulga’ JSC, a Tier 3 listed company, is offering its 28 percent to public and strategic investors and started conducting roadshow events.
The offerings will run until 1 pm, 16 August 2018 through MSE's member brokerage companies under the bookbuilding approach.
Shares will be allocated in accordance with the following policy:
Amount | Amount to be fulfilled |
MNT1.0 billion |
Investors may submit an order to purchase the share at the price of MNT850 or above. The underwriter and the issuer will set the price of the share which will enable the condition that all shares are offered to investors. After setting the price, the shares will be allocated on a pro rata basis to the buyers who submitted orders at the price of MNT850 or above, regardless of the sequence of time and price of the order. |
MNT2.74 billion | 3,228,600 units of shares worth MNT2.74 billion will be sold at the price of MNT850 with a lock-up period which will restrict the trading on the secondary market for 6 months after the primary market trading. |
MONGOLIAN STOCK EXCHANGE