MDS & KhanLex

MDS Khanlex has developed relationships with important local and international financial institutions, and Sugarnyam Peljee, head of the banking and finance practice, has advised the Central Bank of Mongolia, the country’s reserve bank. Enkhbat Batsukh and Uchralbayar Iderkhangai advised the EBRD on a long-term financing facility for Mongolian micro, small and medium enterprises.

MDS Khanlex remains a consistent performer in Mongolia’s capital markets. Practice head Dugerjav Dash-Onolt, with a strong reputation for “jurisdiction[al] knowledge, attention to details, and communication”, according to a client, advised Mongolian company Erchim Engineering in one of the first issuances ever of a 100% insured bond on the Mongolian Stock Exchange.

Enkhbat Batsukh leads the corporate and M&A practice at MDS Khanlex. Dugerjav Dash-Onolt has been advising Polish construction and infrastructure company Tines Capital Group on its acquisition of a Mongolian mining company. Services include drafting, negotiating and finalising the share purchase agreement. The practice has “local jurisdiction[al] knowledge [and provided] thorough analysis of our [M&A] request”, says a client.

MDS Khanlex’s energy team has also been working on the CHP-5 project. Batsukh Enkhbat and Buyantogtokh Odzaya have been legal counsel for the Asian Development Bank, the Mongolian government’s mandated adviser. From this perspective, the group has advised government agencies on project agreements and legal issues.

Headed by Maizorig Janchivdorj, MDS Khanlex’s projects and infrastructure team has been selected by Clean Energy Asia to advise on the design, construction and operation of a wind farm in the south Gobi Desert. The firm has a “readiness to help, frank pricing negotiations, and very good and open communication”, says a client.