Olloo Co Ltd 

Olloo LLC operates the daily news and information web-portal www.olloo.mn and Olloo television. Olloo LLC was the first media to sell market shares and launch an IPO at the Stock Exchange. Trade history of [Olloo LLC’s shares since July to 2007 to November 2016 can be viewed through the link](http://old.mse.mn/tradehistory/result).Olloo LLC did not have experiences of launching debentures or shares prior to this. When the initial 10 000 000 shares were marketed for 100 MNT each, the company was able to raise about 582 million MNT in 14 weeks. It is said that 60 percent of the shares were sold on the public market, and that the current President Elbegdorj Tsakhia was among the buyers. However, when the company’s price per share fell, the founder and the Chairman of the Board of Directors Buuveibaatar Ts., purchased more than 51 percent of the shares back. At present, he is the Chairman of the Board of Directors of the company. However, his name is not among the list of shareholders according to the answers to the MOM questionnaire. Olloo website’s shares are [owned by 3 particular persons, 2 companies, and 426 individuals](http://www.marketinfo.mn/stock/company/527).Among the shareholders are Enkhtsetseg Ts, the first director of the company. The present director of the company is Tsagaangan P, who is not a shareholder of the company. Olloo JSC was the first company to launch GPS system in the Mongolian market in 2010, called “Olloo travel guide GPS”.