HOME BRANCHES IMPORTANT LINKS FINANCIAL PERFORMANCE DOWNLOADS
DSE | CSE

User Name
Password

News & Events of PBSL

24-May-2015
IPO Application Form (A4)

20-Feb-2014
Notice for change Margin Loan Ratio

28-Nov-2013
Notice for Fund Withdrawal in Margin Account

03-Nov-2013
Notice for Affected Investors

19-Jun-2013
Notice for maintaining minimum purchase power in Margin Account

Daily Business News All Daily Business News
11 Dec 2013
Matin Spinning IPO gets BSEC nod

The Bangladesh Securities and Exchange Commission on Tuesday allowed Matin Spinning Mills Ltd to raise capital worth Tk 126.17 crore through initial public offering at an issue price of Tk 37 including premium of Tk 27 each share. The BSEC made the decision in a regular commission meeting held at its office in the capital.

Matin Spinning will issue 3.41 crore shares of Tk-10 face value each share, a BSEC release said. The company will use the IPO proceeds to expand its business and to meet up IPO expenses. As per the audited financial statement of the company ended on June 30, 2013, its net asset value per share was Tk 35.73 with an earning per share of Tk 3.43. IDLC Investments Ltd acted as the issue manager of Matin Spinning.

The BSEC in the meeting allowed Aramit Cement to raise Tk 25.41 crore by offering one rights share against existing one share at an issue price of Tk 15 including premium of Tk 5 each share. Aramit Cement will use the IPO fund for acquiring local spare, accessories procurement, civil work, erection and commissioning and repaying term loan and other liabilities, the release said. AAA Consultants and Financial Advisers Ltd worked as the issue manager of the company.

Source :: The New Age