A Mongolian family bought a house in Hong Kong for $31.5 million, planning to retire

Ирина Орлонская In the world
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A Mongolian family purchased a house in Hong Kong for $31.5 million, planning to retire

Tselmuun Nyamtayshir, president and CEO of the company "Mongolian Gold," stated that the new home will serve as a place for a peaceful family life in retirement. This was reported by MiddleAsianNews.

Recently, the family that owns one of Mongolia's leading mining conglomerates purchased a standalone house in a prestigious southern district of Hong Kong. The deal amounted to 247 million HKD (approximately $31.5 million), and the house will be used as a "retirement residence for family gatherings."

According to the land registry, on January 29, Tisara Holdings, managed by Tselmuun Nyamtayshir, signed a preliminary agreement to purchase house No. 5 in the One Stanley complex, located at 128 Wong Ma Kok Road.

Tselmuun Nyamtayshir serves as president and CEO of "Mongolian Gold" (MAK), a conglomerate founded in 1993 by her father Nyamtayshir Byambaa. Additionally, she is a non-executive board member of XacBank, a Mongolian financial institution.
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