MSE will delist 72 JSCs

MSE and Financial regulatory Committee jointly started reviewing listed companies. Based on the annual report of 2009 and 2010, the review was made on the law abidance of the listed companies. According to the review, 288 (86%) of 336 JSCs failed to meet with the stock registration criteria. Therefore, MSE is filing to FRC to […]

MSE: Weekly Review

Five stock trades were held at Mongolian Stock Exchange on March 21-25 and total of 351.5 thousand shares were sold of 51 JSCs totaling MNT 783.5 million. Index TOP-20 was 23854.73 points decreasing 691.86 units or 2.8% against the week earlier. The total market capitalization was set at MNT two trillion and 377.1 billion and […]

Koreans eye Mongolian rail

A consortium of 19 Korean construction companies is likely to win a 1,000 kilometer railroad construction project in Mongolia worth $3 billion. According to Lotte Engineering & Construction, the consortium, along with Korea Rail Network Authority, submitted its preliminary business plan as a part of its bid to the Mongolian representatives a week ago. This […]

Silk Road Management Launches Largest Mongolia/Central Asia Equity Index with $100Bn Market Capitalization

PRESS RELEASE 25 January 2011 ULAANBAATAR. Silk Road Management, a Mongolia and Central Asia-focused investment management firm, is pleased to announce today the launch of the Silk Road Composite Index and the Silk Road Central Asia Index, the debut benchmarks that include local and international listed companies with assets and operations in Mongolia and Central […]