‘Invescore NBFI’ JSC, a Tier 3 newly listed company, will hold a roadshow meeting for public at 6 pm on May 22, 2019 at the Shangri-La Hotel.
‘Invescore NBFI’ JSC, established in 2016, offers traditional non-banking financial and financial technology-based products and services. The company has introduced the KHUR system, which eliminated difficulties and delays caused to customers, and allowed swift services. It has also developed the SMART-LOS internal credit operation system via its subsidiary company ‘Invescore AI Lab’ LLC.
The company is offering 10,759,188 units or 15 percent of its total ordinary shares to raise MNT 17.6-18.7 billion. The proceeds of the IPO are planned to finance the company’s core activity – lending activity. ‘Invescore NBFI’ is offering 85 percent of its newly issuing shares at MNT 1,650-1,750 to strategic investors, and 15 percent at MNT 1,550-1,650 to public by the bookbuilding approach.
‘TDB Capital’ LLC and "Invescore Capital" LLC are working as underwriters of the offering and the orders will be received from May 22 until May 30, 2019.
MONGOLIAN STOCK EXCHANGE