Notices

03/10/2011: IPO of Bangladesh Shipping Corporation

 

 

BEW/EM/GA-14/04/79                                                                                       03/10/2011

 

ATTENTION

IPO FOR Bangladesh Shipping Corporation

The Securities and Exchange Commission (SEC), Dhaka, Bangladesh is making public issues of 6,274,000.00 unit of Tk. 100.00 each per share of Bangladesh Shipping Corporation which are now being offered for subscription from October 09, 2011 to October 13, 2011(both days inclusive).

The aforementioned public offering of 6,274,000.00 ordinary shares of Tk. 100.00 each per share will be subscribed in the following manner:

 

01.

10% of the total public offering i.e. 6,27,400.00 shares of Tk. 100.00 each, per share are being offered to Non-Resident Bangladeshis (NRB,s) for subscription in cash in full on application.

2.

10% of the total public offering i.e. 6,27,400.00 shares of Tk. 100.00 each per share are being offered to mutual funds and collective investment schemes registered with the commission for subscription in cash in full on application.

3.

80% of  the total public  offering i.e 50,19,600.00 ordinary shares Tk. 100.00 each, per share are being offered to general public for subscription in cash in full on application.

 

Application forms for purchase of bond by non-Resident Bangladeshis may be collected from Mr. Md. Mahbubul Alam, Administrative Officer (Phone 202-244-0183 Ext. 313 Fax 202-244-7830/2771) Embassy of Bangladesh, Washington DC.

 

 

Mohammad Wahid Hossain Ndc

Economic Minister

Embassy of Bangladesh,

Washington DC

Tel: 202-244-4639

Wahid59@gmail.com