On 10 April 2014, “Merex” JSC’s IPO (MSE: MRX) was successfully traded at the primary market of MSE through electronic trading system according resolution of FRC. “Merex” JSC was sold 26 million shares to the public at MNT100 per share.

Founded in 2012, “Merex” JSC is operate in foreign trade and construction materials field, and it is building a concrete mixture factory with a mark TW-2500, which was manufactured in Republic of Korea and with a capacity of producing 150 cubic meters concrete per hour in Ulaanbaatar.

MSE member firm “Standard Investment” LLC was working as an underwriter.“Merex” JSC became 14th company who offered IPO to the public through MSE since 2005.  

Public Relations Department

MONGOLIAN STOCK EXCHANGE