Mongolia has given a prior attention to the development of the capital markets yet it is crucial to speed up the development. Therefore, in order to determine the pressing issues of the capital markets and its further development, “IPO and double listing” forum is going to be held on the 23rd of June to learn from the Japanese experience and exchange opinion with the domestic companies.
Forum organized by the FRC, JICA and Mongolian Chamber of Commerce shall have the participation of the Top 100 Mongolian companies, securities company, Government and relevant agencies, professional associations, international agencies and representatives of the investors.
During this time, many interesting presentations shall be discussed regarding the current state of the capital markets, funding issues of the companies, importance of the IPO and double listing, Japan’s privatization experience of the state-owned companies, listing of the Tokyo Stock Exchange and Mongolian Stock Exchange , internationally listed national companies.
In Mongolia, enterprises are able to create funding from the capital markets and expand its operations. This is advantageous to create a balanced state of the financial market. FRC Press office reports that the abovementioned event shall be crucial where participants could discuss the current financial state and determine the right development route.