PR Newswire: Monvest Appoints Renell Listing Bank and Market Maker Upgrades Frankfurt Listing Plan to Entry Standard

Monvest Inc., an entertainment, leisure and travel company that operates the National Lottery of Mongolia appointed Renell Wertpapierhandelsbank AG (Renell) as Listing Applicant Bank and market maker. Monvest is in line to become the first Mongolian Group to do a primary listing on the Deutsche Boerse’s Frankfurt Stock Exchange (FWB). Renell joins Listing Partner Salans, a leading German law firm, to manage the Monvest listing on the FWB Open Market. The Renell appointment comes as the Monvest response to a December 20, 2011 announcement by Deutsche Boerse AG to “not list any shares or certificates representing shares on the First Quotation Board any more until further notice” due to “suspected market manipulation”. To read the full article, click hereMonvest Appoints Renell Listing Bank and Market Maker Upgrades Frankfurt Listing Plan to Entry Standard

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