Seeking Alpha: Mongolia Growth Group Raises Private Funds to Deploy in Country’s Real Estate Market

There is currently only one publicly traded company outside of Mongolia that is a pure play on Mongolia with no investments in the energy or mining sectors. Mongolia Growth Group announced on November 21, 2011, that it is raising $20 – $30 million in a private placement. Based on the prior investments and statements by Mongolia Growth Group, the majority of these funds will be invested in Mongolia’s real estate market. To read the full article, click hereMongolia Growth Group Raises Private Funds to Deploy in Country’s Real Estate Market

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