The secondary market trading of "Ard Credit NBFI" JSC is starting from March 12, 2019 based on the FRC letter of March 11, 2019 which states the consideration of the public offering as successful and grants a permission to commence its secondary market trading. 

‘Ard Credit NBFI’ JSC offered 35 million shares to the public at MNT70-85 by using a book building approach in accordance with the MSE’s ‘Primary Market Trading Regulation'. Despite the fact that most of orders were placed at MNT85.00, ‘Ard Capital Group’ LLC, an underwriter of the offering, and ‘Ard Credit NBFI’ JSC approved to sell at the price of MNT81 which is the weighted average price taking into account the benefit of the investors.

The right to redeem extra payment will be effective starting from today.

MONGOLIAN STOCK EXCHANGE