Monvest Inc., the firm that operates Mongolia's national lottery, is preparing to become Mongolia's first enterprise to list on the Deutsche Borse's Frankfurt Stock Exchange (FWB).  Monvest plans to lists its shares on the First Quotation Board on the FWB's Open Market in January. The firm plans to upgrade its entry standard on the German market shortly after it lists.

“Frankfurt is an important step in the capital markets strategy of Monvest Group,” said Nixon Yap, the founder and chairman of Monvest. “Our aim is to be the first Mongolian FWB listing and to provide European investors with an opportunity to take part in the rapid growth of this booming emerging market.”