Central Express CVS (CUMN) to change its legal name to Premium Nexus JSC and issue ₮61.7 billion additional shares through a private placement. The total investment will consist of ₮26.5 billion transferred by way of property rights and ₮35.1 billion invested by way of debt-to-equity conversion.  

• CU Mongolia will issue ₮35.1 billion ordinary shares to Premium Group LLC by the Debt-to-Equity Conversion Procedure. 
• As a way of property rights, the company will own 90% of Chingis Shar Airag LLC, 100% of Chinggis Shar Airag Club LLC, 100% of Central Commerce LLC, 100% of Central Coffee Roasting LLC, and 66% of Stora Central LLC.  

FYI, Chinggis Shar Airag LLC has the capacity to produce and supply 1 million liters of beer per annum, and Central Commerce received the official right to import the Asahi beer from Japan.