More than 100 state-owned enterprises operate in the country. Among them, some that are critically important for national security and strategic interests will remain in state ownership, while shares of other companies will be available for public trading on the stock exchange and through auctions.
As part of the state policy, it is planned to sell 10-66% of shares in 18 state companies and sectors, including aviation, energy, finance, mining, insurance, and certain types of trade. This will be carried out through public offerings of shares and the transformation of companies into public joint-stock companies, as well as through the complete sale of shares of eight companies and the restructuring of seven.
“To successfully implement privatization, it is necessary first to analyze the trading and restructuring process of shares of 33 companies on the stock exchange. This will help attract investments and transform them into public joint-stock companies by issuing additional shares,” noted the head of the government office, Byambatsogt Sandag.
Companies that will offer additional shares to attract investments and list on the stock exchange:
1. JSC "Telecom Mongolia";
2. LLC "Agricultural Exchange";
3. JSC "National Reinsurance";
4. JSC "Mongolian Stock Exchange";
5. LLC "Agricultural Corporation";
6. JSC "MIAT";
7. JSC "State Bank";
8. JSC "Erdenes Tavan Tolgoi";
9. JSC "Erdenet Mining Corporation";
10. JSC "Erdenes Critical Minerals";
11. JSC "CHP III";
12. JSC "CHP IV";
13. JSC "Erdenet CHP";
14. JSC "Eastern Regional Energy System";
15. JSC "Darkhan CHP";
16. JSC "Amgalan CHP";
17. JSC "Shivee-Ovoo";
18. JSC "Baganuur"
Trading and selling shares of the public sector on the stock exchange:
1. JSC "Dulaan Sharyn Gol";
2. JSC "Cement Shokhoi";
3. JSC "Mongol Post";
4. JSC "Baganuur Thermal Power Plant";
5. JSC "Nalaikh Thermal Power Plant";
6. JSC "Huvsgul Thermal Power Plant";
7. JSC "Khovd Thermal Power Plant";
8. JSC "Ulaangom Thermal Power Plant II";
Mergers, reorganization, and liquidation of state enterprises:
1. LLC "Erdenes Mongolia";
2. GP "National Electricity Transmission Network";
3. GP "Ulaanbaatar Electricity Distribution Network";
4. GP "National Park of Information Technologies";
5. JSC "Autoimpex";
6. LLC "Central Regional Technological Complex of Food and Light Industry";
7. GP "Road Repair Complex";
Tatar S. Maidar
source: MiddleAsianNews
