"State Bank" JSC, newly registered in the first classification of the Mongolian Stock Exchange, offers 5% of its total shares or 37,475,000 shares to strategic investors and public, and orders for primary market trading has finished each trading day between10: 00 am to 5:00 pm until October 6, 2022.
To match the total order of the primary market of shares offered to the public by "State Bank" JSC with the balance of money in Mongolian Central Securities Depository, 7,306 individuals and companies submitted offers to purchase securities worth MNT 67,356,571,200, which is 3 times more than the withdrawal amount.
According to the securities prospectus and the distribution plan submitted by the underwriting company, 100% of the strategic investors' orders were fulfilled, and 100% of the MNT 800,000 /eight hundred thousand/ share orders submitted by the public were fulfilled, and the remaining amount will be distributed by 13.6% in proportion.
5,621,250 additional shares are issued as the subscription of the securities exceeds the offered amount, and 100% of these additional shares will be distributed to the public.
MONGOLIAN STOCK EXCHANGE