Based on Financial Regulatory Committee decree no.:514 from 18 December 2013, Mongolian Stock Exchange has listed “Merex” (MSE:MRX) JSC publicly offered 65,005,000 shares with face value of 100 tugriks to Mongolian Stock Exchange securities listing by 14 January 2014 according to “MSE” SOJSC Chief Executive Officer’s decree. “Merex” JSC was established in 2012 to operate in foreign trade and construction materials field, and it is building a concrete mix factory with a mark of TW-2500, which was manufactured in Republic of Korea and with a capacity of producing 150 cubic meters concrete per hour, in Songinokhairkhan district. 

The company plans to raise 2.6 billion tugriks from the market or will offer 40% of its total company’s shares, which is 26,000,000 common shares to the public, and the funds will be used to smoothen its production and fully implement its business plan in the future and to successfully execute the company’s operation. “Standard Investment” LLC is working as an underwriter for the company.  

Public Relations Department

MONGOLIAN STOCK EXCHANGE