Welcome to our dedicated page for Mongolia Growth Group news (Ticker: MNGGF), a resource for investors and traders seeking the latest updates and insights on Mongolia Growth Group stock.
Mongolia Growth Group Ltd (MNGGF) provides strategic investment leadership in Mongolia's emerging markets through diversified sector engagement. This news hub delivers official updates and analysis for stakeholders tracking the company's progress.
Access timely reports on earnings announcements, strategic acquisitions, and corporate governance developments, including board decisions and partnership initiatives. Our curated collection ensures investors receive accurate operational updates without speculative commentary.
Regularly refreshed content covers sector-specific advancements in natural resource management, infrastructure projects, and tourism development. Bookmark this page to maintain informed perspectives on MNGGF's market positioning and growth strategies in Mongolia's dynamic economy.
Mongolia Growth Group (TSXV:YAK) has announced the renewal of its Normal Course Issuer Bid (NCIB) program, allowing the company to repurchase up to 1,700,000 common shares, representing approximately 6.64% of current issued shares and 9.92% of the public float. The program will run from April 1, 2025, to March 31, 2026.
Under the previous NCIB program from April 2024 to March 2025, the company purchased 510,000 shares at an average price of $1.37. The new buyback will be conducted through Research Capital on the TSX Venture Exchange, with purchased shares designated for cancellation. The company may consider selling investment properties to finance the share purchases.
Monthly purchases will be to 2% of outstanding shares. The board believes the market price may not fully reflect the company's underlying value and growth prospects, making share repurchases an appropriate use of funds.
Mongolia Growth Group announced the successful passage of all resolutions and the election of all nominated directors at its Annual General Meeting held on November 5, 2024. The elected directors include Nick Cousyn, Jim Dwyer, Brad Farquhar, Harris Kupperman, and Robert Scott. For more information, visit their website or contact Genevieve Walkden, Corporate Secretary.
Mongolia Growth Group Ltd. (OTC PINK:MNGGF) successfully held its Annual General Meeting on September 7, 2022, where all director nominations were approved. The elected directors include Nick Cousyn, Jim Dwyer, Brad Farquhar, Harris Kupperman, and Robert Scott. The company focuses on commercial real estate investments in Mongolia, possessing a diverse portfolio of institutional-grade assets. MGG emphasizes its commitment to the Mongolian economy and its ongoing growth strategies.
Mongolia Growth Group Ltd. (MNGGF) announced that Mr. Harris Kupperman acquired an additional 25,000 common shares, increasing his ownership to 6,775,000 shares, representing approximately 23.8% of the company. The acquisition took place on October 20, 2021, for an aggregate amount of $29,855. Kupperman had previously reported holding 6,750,000 shares, 23.8% of the total. This acquisition is aligned with the normal course purchase exemption outlined in National Instrument 62-104, and he may acquire up to an additional 5% in the next year.
Mongolia Growth Group Ltd. (OTC PINK:MNGGF) announced the successful passage of resolutions and election of directors at its Annual General Meeting on June 10, 2021. The newly elected directors include Nick Cousyn, Jim Dwyer, Brad Farquhar, Harris Kupperman, and Robert Scott. MGG focuses on commercial real estate investments in Mongolia and maintains a diverse property portfolio. The company emphasizes institutional-grade commercial assets, indicating a strategic commitment to developing its real estate business in the region.
Mongolia Growth Group Ltd. (MNGGF) announced that Mr. Harris Kupperman acquired an additional 35,000 common shares, raising his total ownership to 6,585,000 shares, which represents approximately 21.9% of the outstanding shares. The acquisition, made on April 19, 2021, was for $16,100 and was executed under the normal course purchase exemption. This transaction reflects Kupperman's confidence in the company's market position and potential for growth. For full details, read the early warning report available on SEDAR.
Mongolia Growth Group Ltd. announced the successful passage of all resolutions and the election of directors at its Annual General Meeting on September 1, 2020. The elected directors include Nick Cousyn, Jim Dwyer, Brad Farquhar, Harris Kupperman, and Robert Scott. MGG is focused on commercial real estate investment in Mongolia and boasts a diverse property portfolio, emphasizing institutional-grade assets. The company warns that forward-looking statements made in the release involve risks and uncertainties that may lead to actual results differing materially from expectations.
