Government appoints members of EMC Board
PoliticsUlaanbaatar /MONTSAME/ The Agency for State Property Policy and Coordination called a meeting of shareholders of the Erdenet Mining Corporation on October 18. At this meeting, the members who will be representing the government which controls 51 percent of the shares in the EMC Board of Directors were appointed.
The government's rights as the major shareholder will be namely exericised by the deputy chief of the cabinet secretariat U.Byambasuren, State Secretary of the Ministry of Mining G.Nandinjargal, adviser to the chairman of State Property Policy and Adjustment Agency, former MP D.Demberel and head of department of the Ministry of Finance N.Dorjsembed.
The EMC Board has seven members, four of whom are appointed from the government.