Asia Pacific Properties JSC Commences Trading on the Mongolian Stock Exchange: "APP announces its listing intentions and assets being injected
Mongolia (PRWEB) December 14, 2011
Pursuant to a shareholder meeting convened on December 11, 2011; Sudut JSC, a company listed on the Mongolian Stock Exchange, has passed a shareholder resolution to change the company's name to Asia Pacific Properties JSC. The company's ticker has also been changed from UNH to APP.
During the meeting the shareholders also unanimously approved the injection of a 100% interest in the Rural Development Corporation LLC ("RDC") and the Oasis luxury residential development project into the newly named company, both of which were acquired from Asia Pacific Investment Partners ("APIP")."
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