Meeting at Trade and Development Bank

Date:  Wed, 2010-12-01

Meeting at Trade and Development Bank

Ulaanbaatar – 1 December, 2010 –– CEO meets with Mr. B. Medree, CEO of Trade and Development Bank. It was agreed to organize a meeting of M·CAM and M–ICP executives with TDB management team on the Use of intangibles as loan collateral in the second week of December.

M-ICP CEO visits the Institute of Physics and Technology

Ulaanbaatar – 1 December, 2010 –– Ms. D. Nergui met with Mr. S. Bayannasan, Scientific Secretary of the Institute of Physics and Technology (IPT) today and briefed him about M–ICP business, MOU signed with MAS in September 2010 and expressed an interest for cooperation between the two institutions, including some possible joint projects in the area of reduction of air pollution and increasing energy efficiency.

Meeting was also held at the IPT with Mr. G. Sukhbaatar, Chairman, Mr. A. Tuvaandorj, Manager and Mr. J. Adiya, Engineer of the New Century – Energy Foundation at their request. Foundation representatives introduced their new technologies which aimed to reducing air pollution and increasing heat efficiency to Ms. D. Nergui, CEO, B. Bat–Erdene, Technology Expert and L. Enkhbat, IT and Admin Officer of M–ICP. Parties agreed to organize another meeting in the middle of next week.