Mongolia Growth Group Plans Capital Return to Shareholders

Mongolia Growth Group Ltd. (TSX-V:YAK) has announced its intention to return most of its net assets to shareholders following a strategic review. The company will seek advice on the best legal and tax strategies to execute this plan. The total amount returned is dependent on asset sales, taxes, and other costs.

As of June 30, 2025, MGG's key assets include cash and securities valued at CAD $31-33 million, a property in Puerto Rico, and ownership of KEDM, a data subscription business. The company holds Russian securities deemed worthless due to sanctions. MGG is seeking buyers for these assets.

Chairman and CEO Harris Kupperman expressed a focus on maximizing shareholder value. An independent committee will oversee the asset disposition, ensuring compliance with necessary approvals. The outcome remains contingent on multiple factors, including market conditions and regulatory clearances.