MSE management tender bid was announced several months ago. As earlier reported by business-mongolia.com, Korean Stock Exchange, NASDAQ OMX, London Stock Exchange and Deutsche Borse interested in the tender bid. Even NASDAQ OMX and its Mongolian partner Mosdaq organised press conference and provided information to media.
MSE tender bid committee made its final decision and according to the selection committee, London Stock Exchange won the tender bid. Therefore, LSE team is arriving to Ulaanbaatar this week to finalize the deal.
Business-mongolia.com experts note that the dual listing opportunity of Mongolian stocks at LSE, or listing of Mongolian shares at LSE was the main scoring point for LSE. However, by the end of this week, MSE will have its new management team. Congratulations to London Stock Exchange.