Mongolia Holdings Inc (MNHD) 0.0600 $MNHD
Mongolia Holdings And Monroad Enter Into Agreement To Merge Operations
PR Newswire - Tue Dec 29, 7:35AM CST
Mongolia Holdings, Inc. (OTCQB: "MNHD"
and Monroad, LLC are pleased to announce that they have entered into a Contribution and Exchange Agreement. Upon completion, Monroad will become a wholly owned subsidiary of Mongolia Holdings (the "Company". In exchange, Monroad will receive preferred shares of Mongolia Holdings convertible into an amount equal to approximately 49% of the outstanding shares of Mongolia Holdings at time of the Closing. Some of the conditions precedent to closing include the conversion of certain debt obligations to equity, a $2.00 per share trading price and capital sufficient to execute the new business strategy of the combined companies. Additional details are available in the MNHD Form 8-K filed with the SEC on December 29, 2015.
Mongolia Holdings, Inc. Appoints Asia Private Equity Expert Allen Andersen to Its Board of Directors
PRWeb - Tue Mar 03, 8:16AM CST
Mongolia Holdings, Inc. (OTCQB: "MNHD" is pleased to announce the appointment of Allen Andersen to its Board of Directors. Allen brings over 35 years of experience residing and conducting business in Asia to the Board. He has a track record that includes a background in every APAC nation, with a focus on China, Hong Kong, Taiwan and Mongolia, having lived in Ulaanbaatar from 2007 to 2010. Since 2013, Allen has served as Managing Director and Founding Partner of Peace Field Limited, a financial, strategic and operational advisory group in Hong Kong.
Mongolia Holdings, Inc. and XacBank of Mongolia Announce Financing for Equipment Fleet Purchases
GlobeNewswire - Tue Jan 27, 10:15AM CST
via PRWEB - Mongolia Holdings, Inc. (OTCQB: "MNHD" is pleased to announce that, through its wholly owned Mongolian subsidiaries HERC, LLC & Equipment Rental, LLC, it has entered into a loan agreement with XacBank for a $10 million equipment financing transaction for its Hertz Equipment Rental franchise operations in Mongolia. This financing represents the first $10 million tranche of a proposed $40 million line-of-credit arranged by XacBank.
Mongolia Holdings, Inc. Appoints Marcum LLP as New Auditor
GlobeNewswire - Mon Nov 10, 7:44AM CST
via PRWEB - Mongolia Holdings, Inc. (OTCQB:MNHD) is pleased to announce the appointment of Marcum LLP as its new auditor. Marcum LLP is replacing GBH CPA's PC. There were no disagreements between the Company and GBH on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
Mongolia Holdings And Monroad Enter Into Agreement To Merge Operations
PR Newswire - Tue Dec 29, 7:35AM CST
Mongolia Holdings, Inc. (OTCQB: "MNHD"
and Monroad, LLC are pleased to announce that they have entered into a Contribution and Exchange Agreement. Upon completion, Monroad will become a wholly owned subsidiary of Mongolia Holdings (the "Company". In exchange, Monroad will receive preferred shares of Mongolia Holdings convertible into an amount equal to approximately 49% of the outstanding shares of Mongolia Holdings at time of the Closing. Some of the conditions precedent to closing include the conversion of certain debt obligations to equity, a $2.00 per share trading price and capital sufficient to execute the new business strategy of the combined companies. Additional details are available in the MNHD Form 8-K filed with the SEC on December 29, 2015. Mongolia Holdings, Inc. Appoints Asia Private Equity Expert Allen Andersen to Its Board of Directors
PRWeb - Tue Mar 03, 8:16AM CST
Mongolia Holdings, Inc. (OTCQB: "MNHD"
is pleased to announce the appointment of Allen Andersen to its Board of Directors. Allen brings over 35 years of experience residing and conducting business in Asia to the Board. He has a track record that includes a background in every APAC nation, with a focus on China, Hong Kong, Taiwan and Mongolia, having lived in Ulaanbaatar from 2007 to 2010. Since 2013, Allen has served as Managing Director and Founding Partner of Peace Field Limited, a financial, strategic and operational advisory group in Hong Kong. Mongolia Holdings, Inc. and XacBank of Mongolia Announce Financing for Equipment Fleet Purchases
GlobeNewswire - Tue Jan 27, 10:15AM CST
via PRWEB - Mongolia Holdings, Inc. (OTCQB: "MNHD"
is pleased to announce that, through its wholly owned Mongolian subsidiaries HERC, LLC & Equipment Rental, LLC, it has entered into a loan agreement with XacBank for a $10 million equipment financing transaction for its Hertz Equipment Rental franchise operations in Mongolia. This financing represents the first $10 million tranche of a proposed $40 million line-of-credit arranged by XacBank. Mongolia Holdings, Inc. Appoints Marcum LLP as New Auditor
GlobeNewswire - Mon Nov 10, 7:44AM CST
via PRWEB - Mongolia Holdings, Inc. (OTCQB:MNHD) is pleased to announce the appointment of Marcum LLP as its new auditor. Marcum LLP is replacing GBH CPA's PC. There were no disagreements between the Company and GBH on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
