"Mandal Daatgal" JSC, the first insurance company listed on the MSE, has closed the offering of its 25 percent or 1,560,754 shares to public. The total subscription for the stock has totaled 1,916,207 shares which was an oversubscription of 23 percent, ordered by 861 individuals and business entities. 

The shares allocation report has been delivered to FRC and the secondary market trading will commence under the symbol “MNDL” upon FRC’s declaration of the company’s IPO as successful. 

MONGOLIAN STOCK EXCHANGE