Press ReleaseUlaanbaatar

Ulaanbaatar, June 7, 2018: Annual shareholders’ meeting of Ard Financial Group and Jinst Uvs JSC (Investor Nation) was successfully organized on April 28th at Tuushin Premier hotel under the motto “Let’s make a historic decision Together” with participation of over 600 shareholders.

During the shareholders’ meeting, a proposal to merge Ard Financial Group and publicly listed Jinst Uvs (Investor Nation) company has been approved. Now, Ard Financial Group has fulfilled all the requirements to become a publicly listed company.

Moreover, Mr. Munhbat Ch., Chief Executive Officer of SouthGobi Sands LLC and Mr. Sergelen M., President of the Institute of Engineering and Technology were appointed as independent board members of Ard Holdings.

Mr. Batbayar P., Chairman of the BoD, said "Our newly appointed board member, Munhbat Ch. has gained wide range of experience during his continuous employment in the public, private sector and law enforcement agencies and also is an active citizen, who works as a member of the BoD of several companies and NGOs. Sergelen M. has been working as a member of the BoD of Ard Financial Group since its establishment and we are delighted to welcome him back to the team after a temporary break. We are confident that these members will enhance the effectiveness of our operational activities and will contribute significantly to our company’s next stage of development.”

Ard Financial Group is a diversified financial services holding company with an aim to increase its shareholders’ value through investing in and developing leading financial services companies. Our investment portfolio consists of companies such as Ard Insurance, Ard Credit, Ard Securities, Ard Life, Ard Assets, Ard Management, Ard Bit, Investor Nation, TenGer Systems, Mongol Post, GoPay, Nomyn Hishig and CryptoNation. Investor Nation now merged with Jinst Uvs JSC is a MSE quoted public company and a registered trademark of the Group.

Please, feel free to contact us with further enquiries.

HQ address: Ard Holdings, Prime Minister Amar street, Suhbaatar district, 8th horoo, Ulaanbaatar, Mongolia. w3w: powerful.gains.animates

Shangri-La branch address: Shangri-La shopping mall, 19A-C Olympic Street, Suhbaatar district 1, Ulaanbaatar, Mongolia. w3w: animate.softest.screeches

Phone:7707-8080, 77078181


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