Companion

Monvest Aims to be Initial Mongolian Firm to List on Frankfurt Stock Exchange – Salans Appointed Listing Companion


Frankfurt, Germany (PRWEB) December 08, 2011

Monvest, Inc., an entertainment, leisure and travel (ETL) firm that operates the National Lottery of Mongolia, is in line to turn out to be the very first Mongolian enterprise to do a major listing on the Deutsche B?rses Frankfurt Stock Exchange (FWB). The listing initiative was kicked off with the appointment of a top rank listings team led by Listing Companion Salans, a leading German law firm whose lawyers have handled practically half of all FWB China IPOs to date.

Monvest plans to list its shares on the First Quotation Board (FQB) of the Open Marketplace of the FWB in January 2012. The FQB listing is to be followed by an upgrade to the Entry Normal of the FWB inside numerous months. The Monvest FWB listing dovetails with the Companys ongoing plan to list on the US OTC market in 2012.

Frankfurt is an important step in the capital markets approach of Monvest Group, says Nixon Yap, a renowned Malaysian entrepreneur, the Founder and Chairman of Monvest. Our aim is to be the 1st Mongolian FWB listing and to offer European investors with an opportunity to take portion in the rapid growth of this booming emerging marketplace.

Monvest Group has an exclusive strategic partnership with BizINVIN LLC, a neighborhood company that holds the exclusive license to own and operate lotteries in Mongolia. The National Lottery commenced operations in 2011, and Monvest is in the approach of completing the roll-out of 150 lottery distribution outlets in the nations capital of Ulan Bator. Two lottery games are currently launched by Monvest, a 6D Jackpot and a 6/42 Lotto.

Listing Team Excellence

Monvest has appointed Salans as Listing Partner. Salans has had a presence in China given that the 1990s, is a single of the very first international law practices licensed in Shanghai, and one of the citys largest foreign law firms. Salans has solid relationships with each the FWB and German Monetary Supervisory Authority (BaFin) and is recognized as a Listing Companion and China Professional by Deutsche B?rse, the worlds third largest exchange.

Of all Chinese enterprises to IPO on Frankfurt since 2007, practically half have been handled by members of the Salans IPO team, like ZhongDe Waste Technology AG, Asian Bamboo AG, Euro Asia Premier Genuine Estate Co. Ltd., and Madison Property AG. Salans Shanghai office, which has won trade awards for excellence, will coordinate the Mongolian project with the German offices of the firm.

We are pleased to perform with Monvest to achieve the 1st main listing of a Mongolian enterprise in Frankfurt, states Dr. Benjamin Kroymann, the China IPO specialist for Salans at the Shanghai office. This definitely is a landmark for Mongolia and for the FWB. Deutsche B?rse has made the effort to welcome Mongolian enterprises, and we really feel that European investors are eager for the opportunity to invest in this marketplace. Monvest will lead the way and ought to be the 1st of many from this region.

Mongolia was ranked for the 1st time as an emerging industry in February 2011 when Citigroup analysts determined Mongolia to be one particular of International Growth Generators, countries with the most promising growth prospects for 2010-2050. With a rapid rise in resources, Mongolia’s exports are up 50% from 2009, swelling cash reserves to US$ 1.8 billion. Production of coal, iron ore and crude oil should rise 10-fold more than the subsequent decade, and the ten biggest deposits are worth more than US$ 1.three trillion.

Frankfurt Capital Industry

Frankfurter Wertpapierb?rse (FWB), also known as the Frankfurt Stock Exchange, is one particular of the world’s biggest securities trading centers with a tradition that dates back more than 400 years. With a share in turnover of a lot more than 90%, it is the largest of Germany’s seven stock exchanges. Deutsche B?rse AG operates the Frankfurt Stock Exchange and ensures the smooth functioning of exchange trading.

FWB is the world’s third biggest trading exchange, ranked only behind the New York Stock Exchange (NYSE) and NASDAQ. Frankfurt Stock Exchange is home to public organizations from more than 80 distinct nations with businesses from North America making up virtually 40% of the total listings, such as over 3,200 from the US alone. A lot more and far more companies from countries like the US, Canada, Australia, the UK, India, China select FWB more than their house country’s stock exchange.

Frankfurt is a logical step for Monvest to bring its story to the global investment community, added Yap. We see FWB as a steppingstone into the European capital marketplace, and, despite the current economic ills, there is no denying that Europe boasts 1 of the worlds biggest pools of capital. European investors also have a historic international outlook that makes it possible for them to embrace nations like Mongolia.

Yap points out that the underlying prospects of Monvest are sound. Mongolia is primed for a lottery given its growth story in current years. There are quite a few lotteries operating across Asia, which has a tradition of private ownership of lotteries, several of which are listed in their house markets. These lottery operations offer a solid revenue stream for government and frequently offer high returns for investors.

About Monvest

Monvest, Inc. was incorporated in the US state of Nevada to operate and invest in entertainment, travel and leisure corporations. The initial concentrate of Monvest is to develop operations in Mongolia, exactly where it owns and operates the only National Lottery. In Mongolia, Monvest Group firms contain wholly-owned Contemporary Capital Vest LLC, a lottery management organization, and majority-owned BizINVIN LLC, holder of the National Lottery license.

For far more details please speak to:

David Lake, GCC Capital Markets

Tel.: +852-2813-7767

E mail: davidlake(at)finance-media(dot)com

http://www.monvest.us

Monvest Inc Press Release – Dec 09 2011

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