Liability Company Debt - News.MN

Old News! Published on: 2015.06.19

Liability Company Debt

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The Mongolian Stock Exchange has started to classify 237 stock companies into three groups, on the basis of their market rating, average exchange transaction on trading days and the total amount of transactions per half year period.  In order to select the 20 best entities, the National Council of Company Status (NCCS) met the company secretaries on 17th June 2015.

NCCS chief and Financial Managing Commission’s member D.Ganbayr said “Although, we are estimating the companies, there is no difference between the Limited Liability Companies (LLC) and the Liability Companies (LC). The indicators of Liability Companies are showing bad results; this is also related to the 45% debt volume on the total property of Liability Companies”.    

 

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