D.Sumiyabazar: “Erdenes Tavantolgoi” shares will be exchanged in February

Translator E.Oyun-Erdene GoGo.mn

2019-08-14 17:20 GMT+8

U.Khurelsukh, Prime Minister of Mongolia, hold meeting with 250 business owners who make contribution to budget of Mongolia. D.Sumiyabazar, Minister of Mining and Heavy Industry, reported:

“We had lost a lot of time trying to exchange shares of Erdenes Tavantolgoi openly. Based on 8 special licenses of Tavantolgoi, preparation work of IPO are under analysis. Discussions between Government members and Primer Minister have been held. Registration of 1072 shares will be completed before December and we are planning to exchange shares between February and May of 2020. The issue will be presented to the parliament”.

At the regular meeting held in Mongolian National Chamber of Commerce and Industry, other Ministers, Heads of Agencies, Mayor of the capital city, and heads of MNCCI answered questions of business owners.

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