Mongolian Airlines MIAT plans IPO - News.MN

Mongolian Airlines MIAT plans IPO

Old News! Published on: 2014.01.15

Mongolian Airlines MIAT plans IPO

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Mongolian Airlines, MIAT, is planning to go public and has hired a multinational investment firm to help with the process. After MIAT has had the company evaluated, the board will decide whether to list its 49 percent shares on the stock market to raise funds.

Mongolian Airlines plans to launch IPO in the Hong Kong Stock Exchange. According to a bill of State policy on Air Transport it outlines a plan to privatize MIAT partly. Within the State policy on Air Transport, the campaign to go public with 49 percent of shares has been started.

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