The "Mongolian Stock Exchange" JSC (MSE), in collaboration with the Cabinet Secretariat of the Government of Mongolia and the State Property Policy and Coordination Agency, successfully organized a joint training and discussion event titled "Reform of State-Owned and Local Enterprises and the Capital Market" on November 28-29, 2024.
Highlights of the Event
The opening session on November 29, 2024, was inaugurated by Tsengel. B, Head of the State Property Policy and Coordination Agency, who delivered a presentation. Following this, Uchral. N, Minister and Chief Cabinet Secretary of the Government of Mongolia, provided a comprehensive overview of the government’s policies, plans, and legal reforms in the context of “Reform of State-Owned and Local Enterprises.”
Key topics covered included:
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Current Status and Reform Needs of state-owned and local enterprises, governance practices, and international best practices.
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Legal Framework Reforms for state-owned and local enterprises.
These discussions were enriched with presentations and panel discussions involving experts and practitioners.
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Featured Presentations
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Khash-Erdene. T, Chief of the Business Development Department of MSE, discussed the “Current State and Future Trends of the Securities Market, with a Focus on State-Owned Enterprises’ IPOs.”
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Enkhtuya. M, Senior Specialist at Registration Department of MSE, shared insights on “Key Considerations and Responsibilities in the Registration Process at MSE.”
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The event concluded with a panel discussion involving speakers and participants.
Participants and Engagement
The large-scale event saw participation from various key government and private sector entities, including:
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Government agencies: Cabinet Secretariat, Ministry of Finance, Ministry of Roads and Transport Development, Ministry of Industry and Mineral Resources, Ministry of Energy, Financial Regulatory Commission, and State Property Policy and Coordination Agency.
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Local and regional authorities: Representatives from over 20 provincial and city property departments.
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State-Owned Entities: 16 enterprises, 37 state-owned companies, and seven companies with state ownership.
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Private Sector: Representatives from 10 private companies.
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The event fostered valuable discussions on advancing the reform of state-owned enterprises and enhancing their integration into the capital market.
MONGOLIAN STOCK EXCHANGE