Mongol Basalt, the most recent listed company of Mongolian Stock Exchange, is offering 16.9 million shares /30 percent of total shares/ to the public. The offers were received from 14 May 2018 until 23 May 2018.
The total subscription for the stock has totaled 53,562,855 shares, ordered by 3,086 individuals and entities for Mongol Basalt's 30 percent or 16,925,100 shares offered to the public, which was an oversubscription by 3.1 times. An allotment notice is to be delivered to the Financial Regulatory Commission by May 25, 2018 and the right to redeem extra payment shall be effective upon FRC’s declaration of the company’s IPO as successful.
MONGOLIAN STOCK EXCHANGE