MIK group company consists of MIK Holding JSC (MIK Holding), Mortgage Corporation HFC LLC, and 25 SPCs. Our operations are conducted in Mongolia, with the aim to develop the secondary mortgage market. MIK Holding is a joint stock company listed on Mongolian Stock Exchange (MSE: MIK), In 2015, it was established as the parent company of MIK HFC through a share-swap agreement by the shareholders. Its principle activities are conducted through MIK HFC. MIK HFC is a Housing Finance Company, with special licenses obtained from the Financial Regulatory Commission (FRC), allowing it to issue Asset-Backed Securities (products) and provide Trust Deed and Transaction Administration services.