The Government of Mongolia has become the major shareholder of 'Telecom Mongolia' JSC, holding 94.67 percent or 24,491,390 shares of the company since 19 April 2018. The Government of Mongolia is announcing a tender offer to buy the remaining shares from minority shareholders at MNT542.00 per share during the period between 2018.07.09-2018.09.19 in accordance with the Clause.: 57.1 of Company Law of Mongolia, the Clause No.: 22.1.2 of the Securities Markets Law of Mongolia and the respective regulation of the Financial Regulatory Commission.
The proposed number of shares to purchase: 1,378,886
The starting date of the offer: 09 July 2018
The end date of the offer: 19 September 2018
The tender offer price: MNT542.00
The payment date: 20 September 2018
The tender offer maker: Mongolian Government
Address: Government building # IX, Peace Avenue-16, Bayanzurkh district, Ulaanbaatar- 13381
Tel: (976-62) 263034, Fax: 262350, Е-mail: email@example.com
The shareholders of ‘Telecom Mongolia’ JSC to participate in the tender offer:
Please contact ‘Gauli UTsK’ LLC between 09 July 2018-18 September 2018, during 08:30-17:00, or on 19 September 2018 during 08:30-13:00.
Address: Sonor Plaza, Door#602, Student street, Sukhbaatar district, Ulaanbaatar
Tel: 70153300, 99045961, Е-mail: firstname.lastname@example.org
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