"Mongol Basalt" LC's shareholders irregular meeting 2018.07.27
On May 23, 2018 "Mongol Basalt" LC successfully closed it's primary trading with a total of 3102 shareholders and became a public company.
Prepared the shareholders irregular meeting materials and introduced the report of the 2018 half year operation, plan, work within 41 days of accumulating capital, approve the adoption of a new version of the charter, select members of the Board of directors, salary of the members of the Board of Directors and consideration of the amount of incentive.
ISSUES THAT DISCUSSED AND APPROVED DURING THE SHAREHOLDERS IRREGULAR MEETING :
1. Approval of the revised Company Charter
2. New selection of members of the Board of Directors
3. Board members salaries and bonuses are set.
The meeting was successfully organized with the participation of 89% in the conference hall of Ulaanbaatar City, Khan-Uul District, 15th khoroo, Ulaanbaatar, Mongolia on 27th of July, 2018.
The fifth largest investment in Mongolia's capital was raised
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The Primary market was successfully closed and its raising its investment and making success history.
Dear Investor
Shares of the company were issued on the Mongolian Stock Exchange and successfully become public company. We are grateful for the investors who have invested in out future goals and the main underwriter Bumbat-Altai NCH, assistant underwriter Gaui NCHK, Standard Investment NCH and other partners.
Today, Mongol Basalt LC is stepping up innovation solutions to bring the future of economic benefits to the fourth generation of the world's industrial revolution.
BASALTWOOL® stone cotton is a key product to reduce problems that humanity is facing like Global warming, Greenhouse gas and Power. The globe is a basalt fiberglass composite and the new material era begins.
In the world, especially in the Central Asian market with high technology, it is possible for us to become an exporter of innovative products. Therefore, we have our production technology, innovation and 30% of the company's shares were offered to the public to bring progress and development to business.
We sincerely thank you for being our shareholder and investing in innovative technology with realistic capital appreciation and becoming a shareholder of our future success stories.
We will lead the corporate leadership and become the leading technology exporter in Central Asia.
Sincerely
General Director L.Ariunbold
Dear shareholders
Greetings from the General DirectorOur company has been cooperating with technology development and research institutes of Russia, Germany, Denmark, Japan and China since 2000. In the field of technology research and experimental development in Basalt mineralization. The NKPR, which owns ten countries in the world, is a rock-based mineral raw material in Mongolia. The patent was approved by the Intellectual Property Office and its plant was commissioned in 2007 by BASALTWOOL. 11 years have passed since the construction and manufacturing sector market and has been delivered to consumers.
Today, Mongol Basalt LC is stepping up the innovation solution to the next stage of the world's 4th generation of revolution and development, bringing about the future of economic benefits.
The simplest way to reduce global warming and greenhouse gases in the face of humanity is to reduce energy costs and heat loss by 40%. By using our coal-fired cotton stone insulation materials we can reduce construction, housing and the city's air pollution by 65%, the noise burden by 40% and the fire safety risk bby 100%, which is the easiest solution to the problem of air pollution and fire hazard.
The globe is a basalt fiberglass composite and the new material era begins. By using the basal fiber, basal armature, knitted basalt fabric, concrete castings and the capillary basalt the future of cars, aircraft, heavy vessels, and light industry are coming.
All these "NAI PRC" technologies are developed by Mongol Basalt LC and Mongol Basalt LC has been around for more than 20 years and has made it through the test and results.
In the world, especially in the Central Asian market with high technology, it is possible for us to become an exporter of innovative products. Therefore, we are conducting this "IPO" in order to raise the company's shares to the public to bring technology, innovation and development into production.
We sincerely thank you for being our shareholder and investing in innovative technology with realistic capital appreciation and becoming a shareholder of our future success stories.
SINCERELY
GENERAL DIRECTOR L.ARIUNBOLD