1 MNCCI AWARDED ISO 9001:2015 CERTIFICATION WWW.MONTSAME.MN PUBLISHED:2018/12/10      2 CARLOS GHOSN: FORMER NISSAN CHAIR CHARGED WITH FINANCIAL MISCONDUCT WWW.BBC.COM PUBLISHED:2018/12/10      3 CONSULTATIVE MEETING OF FOREIGN MINISTRIES OF MONGOLIA AND RUSSIA HELD WWW.MONTSAME.MN PUBLISHED:2018/12/10      4 PRIME MINISTER TO VISIT JAPAN ON DECEMBER 12-16 WWW.MONTSAME.MN PUBLISHED:2018/12/10      5 CHINA SUMMONS US, CANADIAN AMBASSADORS IN 'STRONG PROTEST ' OVER HUAWEI CFO'S ARREST WWW.CNN.COM PUBLISHED:2018/12/10      6 GAZPROM KICKS MAJOR ARCTIC GAS FIELD INTO MAXIMUM OVERDRIVE WWW.RT.COM PUBLISHED:2018/12/10      7 FUEL PRICES REDUCED IN MONGOLIA WWW.NEWS.MN PUBLISHED:2018/12/10      8 AIR CHINA CONTRIBUTES TO DEVELOPMENT OF CHINA-MONGOLIA TIES WWW.URDUPOINT.COM PUBLISHED:2018/12/09      9 MONGOLIA, DPRK AGREE TO FURTHER EXPAND TIES WWW.XINHUANET.COM PUBLISHED:2018/12/09      10 TRADE AND INVESTMENT OPPORTUNITIES IN INDIA WWW.MONGOLIANBUSINESSDATABASE.MN PUBLISHED:2018/12/07      2017 ОНЫ НӨАТ-ЫН УРАМШУУЛЛАА АВААГҮЙ ИРГЭД МЭДЭЭЛЛЭЭ БАТАЛГААЖУУЛАХ ШААРДЛАГАТАЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/10     АЗИ, НОМХОН ДАЛАЙН ЕС ДЭХ УДААГИЙН ТРИЕННАЛЬД УРАН БҮТЭЭЛЧ Т.ЭНХБОЛД ОРОЛЦОЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/12/10     ЭХНИЙ ЭЭЛЖИД 340 МЯНГА ОРЧИМ ГАДААД АЖИЛЧИНД ТАВ ХҮРТЭЛХ ЖИЛИЙН ВИЗ ОЛГОНО WWW.IKON.MN НИЙТЭЛСЭН:2018/12/10     БНХАУ-ЫН ҮЙЛДВЭРЛЭЛИЙН ҮНИЙН ӨСӨЛТ 2 ЖИЛИЙН ДООД ТҮВШИНД ХҮРЭВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/10     X САРЫН БАЙДЛААР БАЙГУУЛЛАГЫН ЗЭЭЛИЙН 37.2 ХУВИЙГ ГАДААД ВАЛЮТЫН ЗЭЭЛ БҮРДҮҮЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/10     "МОНГОЛЫН НОГООН САНХҮҮГИЙН КОРПОРАЦИ" БАЙГУУЛАХ БЭЛТГЭЛ АЖИЛЛАГААГ ХАНГАН АЖИЛЛАЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2018/12/10     МОНГОЛБАНКНЫ ЕРӨНХИЙЛӨГЧ МЭДЭГДЭЛ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/10     БНАСАУ-ЫН ГАДААД ХЭРГИЙН САЙД РИ ЁН ХО МОНГОЛ УЛСАД АЙЛЧИЛЛАА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/12/10     ЭНЭТХЭГ УЛСТАЙ ХАМТРАН АЖИЛЛАХ БИЗНЕСИЙН БОЛОМЖ WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2018/12/07     JULIUS BAER: АЗИЙН ХОТУУДААС ШАНХАЙД ТАНСАГ БАРАА, БҮТЭЭГДЭХҮҮНИЙ ҮНЭ ХАМГИЙН ӨНДӨР WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/07    

Legal dispute over EMC ownership comes to an end www.zgm.mn

(MCC) won over the Government of Mongolia at the Supreme Court for the second time yesterday. Thus, the property dispute over Erdenet Mining Corporation (EMC) between MCC and the Government that dragged on for two years finally came to an end. Earlier this year, the Cabinet decided to forcefully nationalize the 49 percent stake of EMC owned by MCC with its 7th resolution, which was followed by massive public backlash because the Supreme Court ruled against the Government on December 7, 2017. Therefore, the Government’s act has been confirmed unacceptable by several courts and the EMC board, which is fully formed by Cabinet members, was suspended. During the yesterday’s ruling, the Supreme Court revoked the Government’s 7th resolution on nationalizing EMC, resinstating the 49 percent stake of MCC. “With the Supreme Court's second ruling, the EMC will now be able to operate normally. We will now demand the Government to fulfill the court's decision and immediately hold the board meeting to address the facing issue as EMC is currently suspended by the international arbitration over a case involving the Government's share of 51 percent stake,” remarked Purevtuvshin Tsooj, CEO of MCC.



Published Date:2018-09-20