Khuvsgul Altanduulga raises target capital from its seasoned equity offering

The American Chamber of Commerce in Mongolia

2018-09-12 14:50 GMT+8

The Mongolian Stock Exchange reported that the seasoned equity offering of Khuvsgul Altanduulga JSC, a tier-2 company, has been successfully completed.

The agricultural company issued 4.4 million additional shares, approximately 28 percent of all stocks, and raised 3.74 billion MNT from investors. A total of 100 individuals and entities placed orders for the 4.4 million shares.

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