1072 SHARE DIVIDENDS TRANSFERRED TO BANK ACCOUNTS OF THE CITIZENS
Source:GoGo.mn
The Mongolian Central Securities Depository informs that “Erdenes-Tavantolgoi” JSC has begun transferring dividends /14.8% of /for 2019 to individual accounts. The 85 percent of “Erdenes-Tavantolgoi” JSC is owned by the state, and the rest is owned by legal entities and individuals.
Primarily, dividends of 1072 shares of 857,491 individuals who have confirmed their securities accounts with commercial banks have been transferred to individual accounts. It is informed that, 1,072 shares are valued at 90 MNT per share, in accordance with tax legislation 10 percent of tax will be deducted and 81 MNT per share will be transferred to citizens. A citizen with 1,072 shares will receive dividends in the amount of 86,832 MNT.
The number of shareholders of “Erdenes-Tavantolgoi” JSC is 2.512.768. Children’s dividends will be transferred to their child benefit accounts. Totally 179 billion 830 million MNT will be distributed as dividends for 2019 to 2 million citizen.
