The President and CEO of "Mongolian Gold," Ms. Tselmuun Nyamtayshir, announced that the new house will be used for retirees living with family. This was reported by MiddleAsianNews.
The family, which manages one of Mongolia's leading mining conglomerates, purchased a standalone building in a prestigious area of southern Hong Kong for 247 million HKD (31.5 million USD), planning to use it as a "residence for retirees in a family setting."
According to land registry information, Tisara Holdings, managed by Tselmuun Nyamtayshir, signed a preliminary agreement on January 29 to purchase house No. 5 in the One Stanley complex located at 128 Wong Ma Kok Road.
Tselmuun Nyamtayshir, President and CEO of "Mongolian Gold" (MAK), was appointed to this position after the company was founded in 1993 by her father, Nyamtayshir Byambaa. She also serves as a non-executive board member of XacBank, which is a Mongolian financial organization.
