Mandal Insurance to Offer Dedicated Expat VIP Insurance Services in Mongolia
Dec 01, 2011 (Filing Services Canada via COMTEX) -- Mandal Insurance to Offer Dedicated Expat VIP Insurance Services in Mongolia
Mongolia Growth Group Ltd. (YAK - CNSX),is proud to announce that its subsidiary, Mandal Insurance, is the first insurance company in Mongolia to offer dedicated expat VIP insurance services. Mandal's expat team will offer a broad range of retail and commercial insurance products and risk management services in English, Russian, Japanese, Korean, Chinese and French to better assist the growing expat community.
"As an innovator in the Mongolian insurance market, expat services are a natural extension of our core operations serving the local Mongolian market," said M. Davaanyam, CEO of Mandal Insurance.
Mandal Insurance was created by Mongolia Growth Group Ltd, a publicly traded company in Canada and UMC group based in Mongolia. Mandal is proud to be the best capitalized insurance company in Mongolia, serving the needs of both the local and expat communities.
For more information on how our dedicated expat team can serve your insurance needs, please contact Alex Liu-Chit-Chon at Alex@Mandal.mn or Javzandulam Ganbold at Javza@Mandal.mn Expat Phone Service (976) 7010 7007 www.Mandal.mn
For further details on the foregoing document, please refer to the Corporation's filing on SEDAR.
For more information on Mongolia Growth Group Ltd., please see the Company's website:
www.MongoliaGrowthGroup.com
Or contact:
Genevieve Walkden
Gwalkden@MongoliaGrowthGroup.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain forward-looking information within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management relying on their experience at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CNSX, changes in the business environment that might impact the intended use of proceeds and changes in the intention of the parties to subscribe to the private placement. There are uncertainties inherent in forward-looking information, including factors beyond MGG's control. MGG undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in MGG's filings with Canadian securities regulators, which filings are available at www.sedar.com . The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
To view this press release as a web page, click onto the link below:
www.usetdas.com/PR/mongoliagrowth01122011.htm
Source: Mongolia Growth Group Ltd. (CNSX - YAK)
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com
Mongolia Growth Group Ltd. (YAK - CNSX),is proud to announce that its subsidiary, Mandal Insurance, is the first insurance company in Mongolia to offer dedicated expat VIP insurance services. Mandal's expat team will offer a broad range of retail and commercial insurance products and risk management services in English, Russian, Japanese, Korean, Chinese and French to better assist the growing expat community.
"As an innovator in the Mongolian insurance market, expat services are a natural extension of our core operations serving the local Mongolian market," said M. Davaanyam, CEO of Mandal Insurance.
Mandal Insurance was created by Mongolia Growth Group Ltd, a publicly traded company in Canada and UMC group based in Mongolia. Mandal is proud to be the best capitalized insurance company in Mongolia, serving the needs of both the local and expat communities.
For more information on how our dedicated expat team can serve your insurance needs, please contact Alex Liu-Chit-Chon at Alex@Mandal.mn or Javzandulam Ganbold at Javza@Mandal.mn Expat Phone Service (976) 7010 7007 www.Mandal.mn
For further details on the foregoing document, please refer to the Corporation's filing on SEDAR.
For more information on Mongolia Growth Group Ltd., please see the Company's website:
www.MongoliaGrowthGroup.com
Or contact:
Genevieve Walkden
Gwalkden@MongoliaGrowthGroup.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain forward-looking information within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management relying on their experience at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CNSX, changes in the business environment that might impact the intended use of proceeds and changes in the intention of the parties to subscribe to the private placement. There are uncertainties inherent in forward-looking information, including factors beyond MGG's control. MGG undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in MGG's filings with Canadian securities regulators, which filings are available at www.sedar.com . The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
To view this press release as a web page, click onto the link below:
www.usetdas.com/PR/mongoliagrowth01122011.htm
Source: Mongolia Growth Group Ltd. (CNSX - YAK)
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com
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