Today, 2023-09-08, the ringing of the bell ceremony was organized in the trading hall of "Mongolian Stock Exchange" JSC, and "Monlogistics Holding" LLC started its primary market trading today.

At the ceremony, T. Khash-Erdene, Chief of the Business Development Department of MSE, N. Khuderchuluun, Deputy Chairman of the Financial Regulation Commission, B. Dulguun, Head of the Securities Department of "The Financial Regulatory Commission", L. Ganzorigt, Chairman of the Board of "Monlogistics Holding" LLC, G. Khishigbat, Chief Executive Director of "Monlogistics Holding" LLC, M. Munkhtuya, Chief Executive Director of "Mandal Capital Markets UTsK" LLC, and other officials participated and rang the bell to open the trading session.

Khash-Erdene, Chief of the Business Development Department of MSE, opened the ceremony and stated that "Monlogistics Holding" LLC is an organization that has been successfully operating for the 18th year by providing stable production, sales, and distribution operations through material storage and transportation services, with the mission of creating a "national brand that aspires to the world" by continuously expanding its activities since its establishment.

"Monlogistics Holding" LLC plans to collect a total of 10.98 billion MNT by offering 15% of its total shares, or 59 million 378 thousand 822 shares, at 185 MNT per share. 70 percent will be offered to strategic investors, and the remaining 30 percent will be offered to the public. Thus, from today until September 15, trading orders from the primary market will be accepted through the trading system of the Mongolian Stock Exchange.

N.Khuderchuluun, Deputy Chairman of the Financial Regulation Commission, said:

We wish success to the team of "Monlogistics Holding" LLC, which is starting its primary market trading to attract large investments in the transport logistics sector of Mongolia as a pioneer in the process of issuing new products and shares to the capital market. The Financial Regulatory Commission has been carrying out certain activities in the fields of introducing new products and services to the capital market, increasing market participants, improving the legal framework of the capital market, and bringing it into line with international standards.

L.Ganzorigt, Chairman of the Board of Directors of "Monlogistics Holding" LLC, said:

"I would like to thank the employees who created the company's past history. Since 2005, our employees have successfully worked in the most competitive market and created today's history. Today, "Monlogistics Holding" LLC is offering its shares to the public with a good vision of working with high productivity and constant growth by combining the interests of the community and society.

"Dear investors, trust us and join the growth chain."

At the end of the ceremony, the Chief Executive Director of "Monlogistics Holding" LLC, G. Khishigbat, rang the bell for the trading of the primary market and left a note in the Mongolian Stock Exchange memorial book.

MONGOLIA STOCK EXCHANGE