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Remicon Changes Its Underwirter |
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On May 15 2008, Remicon SCH listed at the Mongolian Stock Exchange with aim to raise fund for its concrete factory project.
Its IPO was 9,9 billion MNT in 98,9 million shares in the primary
market of MSE. Its underwriter and dealer was “DCF” Broker and Dealer
Company. But as for today, 69,9 million shares in 6,9 billion MNT are
not sold yet. Therefore, the company made a decision to change its
underwriter company. Based on the official request of Remicon SHC, The
Financial Regulatory Committee made resolution, on September 22, 2008,
to transfer the right to deal the remaining 69,9 million shares to
“Worldkey” company.
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