Mongolia Growth Group Ltd. (“MGG”) or (“the Company”) today announced that Paul Byrne has been appointed as Chief Executive Officer (“CEO”) of Mongolia Growth Group. Harris Kupperman will remain actively involved in the oversight of the company, as he transitions into the newly created role of Executive Chairman. Mr. Byrne has nearly three decades of […]
Mongolia Growth Group Ltd. (“MGG” or the “Company”) announces that 936,000 5-‐year stock options to purchase shares of MGG at a price of $1.90 per share have been issued to salaried employees of MGG and its wholly owned Mongolian subsidiary pursuant to the Company’s stock option plan. View full Press Release ›
Mongolia Growth Group Ltd. (“MGG”) or (“the Company”) announces that its long-time CFO, Matthew Aiken, has tendered his resignation effective February 28th, 2014. Mr. Aiken is leaving to pursue other endeavors. Mr. Aiken has been with the Company since May 2011 and during his tenure, was instrumental in forming and training MGG’s accounting department along […]
Mongolia Growth Group Ltd (“MGG” or “the Company”) is pleased to announce the issuance of 91,179 Restricted Stock Awards (“RSAs”) to key members of its senior Mongolian staff as part of their 2013 bonus package. The RSAs will vest over 2.5 years and will help to incentivize senior Mongolian staff of the company. View full […]
Mongolia Growth Group Ltd (“MGG” or “the Company”) is pleased to announce the closing of the sale of Mandal General Daatgal LLC (“Mandal”) by MGG to UMC Capital LLC (“UMC Capital”). This sale will allow the management of MGG to focus its energy, corporate resources and capital on its core commercial real estate business with […]