The IPO of Merex JSC (MSE:MRX) was planned on the 10th March 2014. However, in order to provide the public with more opportunity to take part in the IPO and involve more investors, Merex JSC's IPO date has been postponed to the last week of March. Please see below for the details:
1. Subscription for shares of “Merex” JSC will be taken between 3rd till 21st of March 2014 through all brokerage companies.
2. Merex IPO date is March 24th, 2014.
3. Cash for purchasing Merex shares shall be fully prefunded.
4. Funds should be transferred to State Bank 34130006580 if transferring from abroad and to 12 digit account at the Mongolian Securities Clearing House and Central Depository if transferring domestically. Please ask your account number from your broker. The general instructions are given below.
From Mongolia:
Beneficiary Bank: Mongolian Securities Clearing House & Central Depository
Beneficiary: Your full name
Beneficiary’s Account No: 0*** 000* **** Your account number (please ask your broker for this number)
Description: Your full name, Registration number, Cash for “Merex” IPO
From abroad:
Beneficiary: Mongolian Securities Clearing House & Central Depository
Beneficiary’s Account No: 34130006580
Beneficiary Bank: State Bank
SWIFT Code: STBM MN UB
Description: Your full name, Registration number, Central Depository account number (please ask your broker for these numbers)
*Please note that the State bank receives USD, Euro, Russian Rubles, Chinese Yuan and Japanese Yen only, which will be exchanged into MNT at the day’s published rate.
Additional information:
4. “Merex” JSC is offering 40% of its ordinary shares (26,000,000 shares) to the public at 100 MNT per share.
5. The orders will be taken at 100 MNT only and no price or time preference will be given. If the order numbers prevail supplied number of shares, pro rata allocation method will be applied.
6. Please see brief and detailed prospectus in English at www.mse.mn , www.merex.mn and www.standardinvestment.mn.
7. More information can be provided from the Underwriter Standard Investment LLC during week days at office hours 9:00-18:00.
Standard Investment LLC
Jigjidjav Street 5/3, Khoroo 1
Chingeltei District, Ulaanbaatar
(3 minuts walk from the Mongolian Stock Exchange)
T/F: 70114433
Public Relations Department
MONGOLIAN STOCK EXCHNAGE