Mongolia Energy Corporation
Mining company of Mongolia / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Mongolia Energy Corporation?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Mongolia Energy Corporation Limited (MEC) is a mining and energy development holding company operating in Mongolia and Xinjiang in northwestern China. It was incorporated in Bermuda and listed on the Hong Kong Stock Exchange. MEC became a constituent to the MSCI Hong Kong Index from June 2008.[1]
Quick Facts Formerly, Company type ...
Formerly | New World Cyberbase | ||
---|---|---|---|
Company type | Public company | ||
SEHK: 276 | |||
Industry | Coal mining | ||
Founded | 1972 (1972) | ||
Headquarters | Hong Kong | ||
Key people | Simon Lo [zh] (Chairman) | ||
Chinese name | |||
Traditional Chinese | 蒙古能源有限公司 | ||
Simplified Chinese | 蒙古能源有限公司 | ||
| |||
Website | mongolia-energy |
Close
The company was criticised in 2008 as a China Concepts Stock, which had no real profit; its share price was only based on market speculation.[2] The company was also criticised that it bought a private jet in 2005 by recapitalisation.[3] The jet was sold in 2007.[4]