3,417.19
The
London Stock Exchange will hold a Mongolian Mining Companies’ Day on June 28.
Northernsec is behind the event and its Director, B.Ulziibayar, gives more
information on the planned day.
Why is such an event being organized?
We felt our domestic mining
companies must be able to access investment and financing from foreign sources.
Their needs for large amounts for long periods cannot be met from inside the
country. The event will help bring them and investors together.
How many companies have expressed interest?
We already have 20 confirmed
registrations.
How is the preparation work going?
Registration is being done
in our company’s office in
The London Stock Exchange is also active. The Ministry of Minerals and Energy, the
Mineral Resources Authority and the foreign investment office have offered help
and cooperation.
What do companies have to do to participate?
There are no selection requirements
as such. Companies which need visas should send their details of their company
and project to info@northern-securities.com before May 21. Companies which don’t need visas can register
in June, too. Interested companies can get further information from dialing
310-262.
Who first had the idea and how did the
Last October we successfully
organized a workshop in
on new ways of raising capital, in cooperation with the London Stock Exchange
and the New York Mellon Bank. So the exchange already knew of the problems and
the possibilities and favorably considered our proposal to organize a special
day. We expect several international financial organizations to attend the
event. They include J.P.Morgan, ING Bank, Citibank, Credit Suisse, Deutsche
Bank, Bank of New York, Morgan Stanley and Nomura.
Northensec
works as broker, dealer and underwriter and is a member of the Mongolian Stock Exchange. It was
established in 2007 and is offering new financial services in Mongolian stock
market. It also facilitates Mongolian customers to trade on international stock
market.
