In accordance with the Order No. A/56 of Chief Executive Officer of the Mongolian Stock Exchange dated August 24, 2020 based on the FRC Resolution No.340 dated June 10th 2020 and other related rules and regulations, the National Privatization Fund which was established by the Ard Management Securities Firm LLC was listed on the Mongolian Stock Exchange. The Fund will issue 50 million units with a nominal value of MNT100 per unit.
The introduction of one of the most commonly traded products in the international markets to the local market will not only provide investors with professional fund management services, but also forming the basis of the much-needed long-term institutional investor in the market.
MONGOLIAN STOCK EXCHANGE