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Mongolia Investment Group Ltd Announces Completion Of Acquisition


Sunday, 4 Aug 2013 06:15am EDT 

Mongolia Investment Group Ltd announced that all conditions precedent to Acquisition Completion have been fulfilled and Acquisition Completion has taken place on August 2, 2013 in accordance with the terms of the Acquisition Agreement. The Company has paid an aggregate amount of HKD100,000,000 in cash and issued the Tranche A Convertible Notes in the aggregate principal amount of HKD870,000,000 and the Tranche B Convertible Notes in the aggregate principal amount of HKD300,000,000 to the Vendors as payment and settlement of that part of the Consideration payable at Acquisition Completion. 

Company Quote

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22 Dec 2014