Mongolia Investment Group resumed trading and announced on November 30 that it has purchased 55% share of LED System Technology Pte.,Ltd which specializes in R&D, production and process of LED products. This acquisition involves a cost of 264 million yuan, consisting of 120 million yuan cash and payment via issuance of 144 million yuan convertible bonds. The profit for 2013 is expected to be no less than 62.5 million yuan.

According to Mongolia Investment Group, in the first half financial year ended September, proceeds recorded 452 million yuan, an annual growth of 6.2%. Recorded loss has expanded to 94.23 million yuan from last year’s 74.69 million yuan, equivalent of loss of 5.12 cents per share  No interim dividend was recommended.