To the Shareholders of Mongolia Growth Group Ltd., In March 2014, MGG’s core commercial property portfolio* experienced a same-store rental increase of 34.2% relative to March 2013 on properties owned 12 months or longer as measured in local currency (Mongolian Togrog). Total billed revenue for March 2014 was 267.4 million Mongolian Togrog as compared to […]
View Press Release THUNDER BAY, CANADA, April 17, 2014 /FSC/ ‐ Mongolia Growth Group Ltd. (YAK ‐ TSXV) Mongolia Growth Group Ltd. (“MGG”) or (“the Company”) a real estate investment and development company participating in the dynamic growth of the Mongolian economy via ownership of institutional-quality commercial property assets in Ulaanbaatar, Mongolia, is […]
Mongolia Growth Group Ltd. (“MGG”) or (“the Company”) is pleased to announce that on March 31, 2014, the Company closed the non-brokered private placement which was previously announced on March 3, 2014 (“the Offering”). The Company issued 125,000 common shares in the capital of the Company (“Common Shares”) at a price of CDN $2.00 per […]