On March 12, the Mongolian Stock Exchange received its first dual-listing request from Erdene Resource Development (ERD), which is also listed on Canada's Toronto Stock Exchange.
Yesterday, the MSE registered four million ERD securities valued at 1.2 million CAD. After the Financial Regulatory Committee completes its evaluation of ERD's request, the MSE will officially report the dual-listing.
Currently, there are 34 foreign stock exchange listed companies in Mongolia, most of which operate in the mining industry.
On March 12, the Mongolian Stock Exchange received its first dual-listing request from Erdene Resource Development (ERD), which is also listed on Canada's Toronto Stock Exchange.
Yesterday, the MSE registered four million ERD securities valued at 1.2 million CAD. After the Financial Regulatory Committee completes its evaluation of ERD's request, the MSE will officially report the dual-listing.
Currently, there are 34 foreign stock exchange listed companies in Mongolia, most of which operate in the mining industry.