Mongolia mulls listing of rail stake in Hong Kong -report | Metals & Mining | Reuters: "Oct 28 (Reuters) - Mongolia is considering a Hong Kong listing of its rail-building firm in a bid to help finance its $5 billion railway plan, the South China Morning Post reported on Friday.
Mongolia Railways, the rail-builder owned by the Mongolian government, is planning a domestic initial public offering before turning abroad, pending parliament approval, the paper wrote, citing Manlaibayar Yondon, director general of the department of finance and investment at the Ministry of Roads, Transportation, Construction and Urban Development."
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Mongolia Railways, the rail-builder owned by the Mongolian government, is planning a domestic initial public offering before turning abroad, pending parliament approval, the paper wrote, citing Manlaibayar Yondon, director general of the department of finance and investment at the Ministry of Roads, Transportation, Construction and Urban Development."
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