Mongol Bazalt JSC IPO will be conducted in May 2018

Mongol Bazalt JSC, a domestic rockwool/bazaltwool insulation producer since 2007, is offering 30% of its shares to the public. The company aims to raise 6.4 billion MNT at the Mongolian Stock Exchange to expand the main factory. The primary market orders will be taken during 14-23 May 2018. Shares (MSE:MBW) are offered at set price of 380.00 MNT per share. For the share allocation policy of the IPO please visit here.  

Please see here a short introduction to the Mongol Basalt IPO.