Mongolia Growth Group Ltd. Publishes February 2013 Monthly Letter to Shareholders - MarketWatch: "Ulaanbaatar, MONGOLIA, Mar 26, 2013 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - TSX Venture),is pleased to announce the release of its February 2013 letter to shareholders.
February 2013 Shareholder Letter
To the Shareholders of Mongolia Growth Group Ltd.,
February was a month of somewhat reduced activity in Mongolia due to the Tsagaan Sar holiday. That said, we have continued to sign new leases on our two recently renovated office buildings and expect to start to see generous revenue increases by the month of March.
At MGG, we are rarely inactive and we have used the winter slowdown to make the necessary preparations for a sizable renovation campaign during this summer. To start with, we intend to upgrade the fire suppression systems in a number of buildings while also completing maintenance overhauls which should save us substantially in terms of recurring maintenance expense in the future."
'via Blog this'
