Sikder Insurance Company Limited

Sikder Insurance Company Limited

Issuer Name: Sikder Insurance Company Limited
Issue Type: Ordinary Shares
Total funds to be raised: BDT 160.000.000
Total number of shares to be offloaded: 16,000,000
Face Value: BDT 10
Subscription Opens: 21st December
Subscription Closes: 28th December

Midland Bank Ltd

Midland Bank Ltd

Issuer Name: Midland Bank Ltd.
Issue Type: Ordinary Shares
Total funds to be raised: BDT 700,000,000
Total number of shares to be offloaded: 70,000,000
Face Value: BDT 10
Subscription Opens: 16th February
Subscription Closes: 23rd February

IPO: Islami Commercial Insurance Company Limited

IPO: Islami Commercial Insurance Company Limited

Issuer Name: Islami Commercial Insurance Company Limited
Issue Type: Ordinary Shares
Total fund to be raised through IPO: BDT 202,611,060
Total Number of shares to be offloaded 20,261,106
Face Value: BDT 10 each share
Subscription Opens: 20th November
Subscription Closes: 24th November

Please refer to the IPO summary and prospectus below for further details.

IPO: Global Islami Bank

IPO: Global Islami Bank

Issuer Name: Global Islami Bank
Issue Type: Ordinary Shares
Total fund to be raised through IPO: BDT 4,250,000,000
Total Number of shares to be offloaded 425,000,000
Face Value: BDT 10 each share
Subscription Opens: 16th October
Subscription Closes: 20th October

Please refer to the IPO Summary and Prospectus below for further details.

IPO: Chartered Life

IPO: Chartered Life

Issuer Name: Chartered Life Ltd.
Issue Type: Ordinary Shares
Total fund to be raised through IPO: BDT 150,000,000
Total Number of shares to be offloaded 15,000,000
Face Value: BDT 10 each share
Subscription Opens: 25th September
Subscription Closes: 29th September

IPO: Navana Pharmaceuticals Limited

IPO: Navana Pharmaceuticals Limited

Cut off date for minimum investment: September 5th, 2022
Minimum Investment in listed securities: BDT 50,000. For NRB, BDT 100,000
Subscription amount: BDT 10,000
Subscription Period: 13th September to 19th September.

For further details please refer to the IPO Summary and Prospectus below.

IPO: Meghna Insurance

IPO: Meghna Insurance

Issuer Name: Meghna Insurance Company Limited
Issue Type: Ordinary Shares
Total Fund to be raised through IPO: BDT 160,000,000
Total Number of Shares to be offloaded: 16,000,000
Face value: BDT 10 each share

Khulna Power to sell 110MW plant

Khulna Power to sell 110MW plant

Khulna Power Company Limited (KPCL) is set to sell its 110 megawatt barge mounted power plant at a value of $15 million, according to a company statement posted on the Dhaka Stock Exchange (DSE) website yesterday. An asset purchase agreement has been signed between KPCL and Excelerate Global Operations LLC of the US to this end, it said.The company also informed that they have applied […]

Stocks rise for fourth day

Stocks rise for fourth day

The stock index in Bangladesh continued to rise for a fourth consecutive day yesterday while turnover of the market reached nearly Tk 900 crore after 14 working days. The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose 20 points, or 0.31 per cent, to 6,683 at the end of the day. In the last four days, the index rose 200 points. Source: The […]

ICB allowed holding over 5% shares of blue-chip firms

ICB allowed holding over 5% shares of blue-chip firms

In a letter to the ICB Managing Director Abul Hossain on Wednesday, the BSEC said the state-owned investment firm can hold more than 5% shares of the blue-chip listed companies.Earlier, ICB had the approval to hold up to 10% shares of any listed firm without prior approval of the regulator, but after Professor Shibli Rubayat-Ul-Islam became the BSEC chairman in 2020, the commission reduced the […]