Staking our AT THE TOP - ARD · Sergelen Munh-Ochir Zoljargal Myagmarsuren Ganzorig Chuluun UBIG...
Transcript of Staking our AT THE TOP - ARD · Sergelen Munh-Ochir Zoljargal Myagmarsuren Ganzorig Chuluun UBIG...
Ard Holdings bought back 20.9 percent of the Company’s outstanding stock from UBIG LLC and Apollo Ventures LLC - 2 of our largest shareholders.
Ard Management LLC’s operating license was issued by Financial Regulatory Commission on 24th of February enabling us to move forward with our plans to set up private and public investment funds. The Board of Ard Holdings agreed to move 50 percent of IET, 51 percent of Wild Digital Agency, 20 percent of Nomyn Hishig and 90 percent of TenGer Systems to EIT - a private fund, which in turn is to be managed by Ard Management. The Board also gave its blessing for Investor Nation to be set up as a public investment fund under the management of Ard Management LLC.
The Board of Ard Holdings, which met at the end of March, authorised the manage-ment to start preparing for going public on the Mongolian Stock Exchange. The Board reviewed several deals brought forward by the management and gave green light. These include injecting additional capital for acquiring minority stakes in some of our subsidiaries. In addition, the Board made a motivational decision to grant 10 percent
stake of the company to the management team within the next 4 years.
In the first quarter of 2016, we hired an Investor Relations Officer and Board Secretary at Ard Holdings. The Board directed to hire Chief Risk Officer and Compliance Officer in addition to the vacant Internal Auditor position during its March meeting.
On 8th of January, CEO Mr. Ganhuyag has been elected as the president of the CEO Club of Ulaanbaatar.
in addition to the vacant Internal Auditor position during its March meeting.
In January, Mr. Ganhuyag participated in the "Hope Financial Inclusion" Global Forum in Atlanta, USA.
On 8th of January, CEO Mr. Ganhuyag has been elected as the president of the CEO
In the first quarter of 2016, "Investor Nation" Facebook crowdfunding initiative commenced through which a public investment fund was established, opening doors
for Mongolian citizens to own shares in the banking and finance sector.
Ard Financial Group sponsored the performance of Ariunbaatar Ganbaatar, Cultural Emeritus of Mongolia and Republic of Buriatya, Russia.
The Board of Ard Holdings, which met at the end of March, authorised the manage
Emeritus of Mongolia and Republic of Buriatya, Russia.
Ard Financial Group sponsored the Mongolian National Orchestra’s Morin Huur Ensemble’s "Playing Love" concert hosted by the Mongolian Arts Council at the
Corporate Convention Center.
Ard Financial Group started using the arbitrage services of the Ulaanbaatar Chamber of Commerce for its companies’ contracts and agreements.of Commerce for its companies’ contracts and agreements.
On April 15-20, Ard Holdings and Investor Nation initiative held its road show in Darhan and Erdenet cities with the mission to promote its activities to the public and increase its shareholder base, reaching every corner of Mongolia.
Publicly listed Jinst Uvs Joint Stock Company shareholders meeting, convened on April 29th, made a decision to merge Jinst Uvs JSC and Ard Holdings JSC.
its shareholder base, reaching every corner of Mongolia.
On April 21st, Ard Financial Group Closed Joint Stock Company successfully held its annual shareholders meeting.
AT THE TOPStaking our
of the capital market
Stronger. Together2016 Q1 REPORTFINANCIALGROUP
In the first quarter of 2016, "Investor Nation" Facebook crowdfunding initiative
of the capital marketof the capital market
TenGer Financial Group’s share sale proceeds were received in full (MNT12.4 billion) and MNT3.3 billion of it was invested in 17.4 percent stake of Mongol Post JSC – a state run monopoly in post services. Ard Financial Group Chairwoman Ms.Oyungerel Janchiv and CEO Mr. Ganhuyag Chuluun were elected as Board Members of the Mongol Post JSC. The share price of Mongol Post JSC soared in January and stabilised at MNT305-325 range giving us a great 64.9 percent return of our
investment in the first quarter.
From the Ard Holdings corporate video presentation, produced by Bloomberg TV MongoliaArd Holdings and Investor Nation in Erdenet city Investor Nation JSC Shareholders meeting
Stronger. Together2016 Q1 REPORTFINANCIALGROUP
General Insurance Non-bank Financial Institution
Savings and Credit Cooperative
A S S E T SS C C
Education
Institute of Engineering and Technology
InformationTechnology
SecuritiesBrokerage
SECURIT IESCOMPANY
Real EstateInvestment Fund
InvestmentManagement
M A N A G E M E N TC O M PA N Y
Postal Service
Branding, Marketing,Web development
C R E D I TN B F I
Investment Fund
Investment Fund
2ND FLOOR OF "ARD HOLDINGS" LLC'S BUILDING, PRIME MINISTER A. AMAR'S STR., SUHBAATAR DISTRICT
WWW.ARDHOLDINGS.COM [email protected] 7707-8080
Investment feesInterest DividendsRental Management feesCurrency exchange gain Total incomeHR related expensesOperating expensesFinancial expensesTotal expensesProfit before tax
Investment income
Profit before taxIncome taxProfit after tax
Income statement
5,031210,810206,529130,725109,17189,090
751,356245,996890,13887,177
1,223,312(471,956)
4,041,899
3,569,943336,238
3,233,705
2015-Q4
-125,482
-36,00030,000
959,1941,150,677
104,513268,543
5,984379,041771,636
771,63677,164
694,472
2016-Q1
InvestmentTenger Financial Group LLCMongol Post JSCIET LLCArd Insurance LLCArd Credit LLCArd Securities LLCNomyn Hishig LLCOtherLONG TERM INVESTMENTSHORT TERM INVESTMENTTotal investmentOtherFixed assetsCashNet receivablesTotal otherValuation
Total voting sharesPrice per share
2014-Q4
11,684.77
9,824.906,637.201,600.00
983.001,382.40
218.8132,331.08
958.6133,289.70
897.32408.47
(595.95)709.84
33,999.54
16,795,3332,024
2015-Q4
-
9,824.906,337.201,852.90
983.001,382.40
464.4320,844.833,325.88
24,170.71
1,623.341,328.482,228.925,180.74
29,351.45
13,486,3592,176.38
2016-Q1
5,279.549,824.906,337.201,852.90
983.001,382.40
464.4326,124.373,404.97
29,529.34
1,416.95169.12
(486.81)1,099.27
30,628.61
13,148,1622,329.50
%
4.317.450.055.358.0
100.020.0
Valuation
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Intergroup International LLCLuna and Luna LLCVenturesOne BVGanhuyag ChuluunMAK LLCUyanga GalnyamNemehbaatar BayartogtohBruno RaschleBuren-Erdene HuldorjGereltuya SedbazarSoronzonbold LhagvasurenRonoc LimitedSergelen Munh-OchirZoljargal MyagmarsurenGanzorig ChuluunUBIG LLCApollo Ventures LLCBat-Ochir DugersurenTotal of 15 shareholdersOther 582 shareholdersVoting sharesNon-voting sharesOutstanding sharesTreasury stockTotals
№ Shareholders
2,237,0501,284,8931,304,0431,290,000
873,000423,034507,834
306,000450,000453,210220,447340,794300,000
1,907,0591,690,000
313,65013,680,5673 ,114,76616,795,333
16,795,3331,540,179
18,335,512
13.327.657.767.685.202.523.02
1.822.682.701.312.031.79
11.3510.061.87
81.4518.55
100.00
2014-Q4Shares %
1 871,2761 373,8011 304,0431 290,000
873,000431,589507,834461,016457,300452,000405,210305,697350,794300,000229,940
--
313,65010,927,1502,559,209
13,486,3593,708,005
17,194,3641,602,164
18,796,528
13.910.29.79.66.53.23.83.43.43.43.02.32.62.21.70.00.02.38119
100
Shares %2015-Q4
1 771,2761 450,8011 304,0431 290,000
873,000536,739507,834461,016457,300452,000405,210305,697257,794251,000229,940
---
10,553,6502,594,512
13,148,1624,126,024
17,274,1861,522,342
18,796,528
13.511.09.99.86.64.13.93.53.53.43.12.32.01.91.70.00.00.0
80.319.7
Shares %2016-Q1
Shareholders structure
Cash and cash equivalentsReceivables, inventoryLoans to othersPrepaymentsFixed assetsLong term investmentsTOTAL ASSETSLiabilitiesAccounts payableBank debtIncome tax payableTotal liabilitiesEquityShare capitalShare premiumRevaluation capitalOther capital accountsRetained earningsCurrent net earningsTotal equityTOTAL LIABILITIES & EQUITY
Balance sheet
1,328,1207,481,5613,325,736
127,5261,537,606
20,844,82834,645,378
5,317,265668,22851,471
6,036,965
1,359,7314,893,1787,615,095
13,79911,492,9063,233,705
28,608,41334,645,378
2015-Q4
169,124355,090
9,179,583244,048
1,416,95524,280,26435,645,063
74,737862,702148,471
1,085,910
1,719,4369,789,7407,615,095
13,79914,726,610
694,47234,559,15235,645,063
2016-Q1
Financial Statement - 2016 Q1 in thousand tugrugs