Moninjbar is one of the largest construction companies in Mongolia, first founded in 1956 under the name “Public Construction”. In 1992, the company was listed at the Mongolian Stock Exchange (MSE) under its current name Moninjbar. In particular, Moninjbar is one of the biggest and longest operating construction companies which deal with plumbing, and the construction of sewerage treatment plants or outside sewerage systems. Since its creation, the company has completed more than 1000 projects in Ulaanbaatar and has a large variety of experience in the construction field.

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When Moninjbar was initially listed it sold 192,146 shares on the MSE, but has issued 10 million additional shares in 2007. From March 27.2008, the company started issuing 120 thousand bonds at a face value of 10,000 MNT under the name “Accomplishment”.The maturity date of the bond is 2 years at a coupon rate of 11.11 percent. Moninjbar will use the fund for the “40 thousand residential apartments” program, on improvements of Ulaanbaatar and rural area infrastructure, and to carry out technical modernization. In addition to construction, Moninjbar engages in building public utilities' objects such as heating stoves and engineering lines.

The company has been selling public shares since April 16, 1992 with the initial price of 100 MNT per 1 unit of stock.

Ticker symbol-          MIB
Stock Code-              25
Total issues-            15 869 233

Market capitalization- 2 618 423 445 MNT (as of July 2008)

 

Source: www.frontier.mn

             www.mse.mn