Notices

30/11/2012: IPO FOR ARGON DENIMS LIMITED

IPO FOR Argon Denims Limited

The Securities and Exchange Commission (SEC), Dhaka, Bangladesh is making public issues of 30,000,000 share ( Tk.10.00 at an issue price of Tk.35 each including a premium of Tk.25  each)  of Argon Denims Limited which are now being offered for subscription from November 26, 2012 to December 02, 2012(both days inclusive).

The aforementioned public offering of 30,000,000 Tk.10.00 at an issue price of Tk.35 each including a premium of Tk.25  each will be subscribed in the following manner:

01.

10% of the total public offering i.e. 3,000,000 Tk.10.00 at an issue price of Tk.35 each including a premium of Tk.25  each 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. 3,000,000 Tk.10.00 at an issue price of Tk.35 each including a premium of Tk. 25  each are being offered to mutual funds and collective investment schemes registered with the commission for subscription in cash in full on application.

3.

20% of the total public offering i.e. 6,000,000 share Tk.10.00 at an issue price of Tk.35 each including a premium of Tk. 25  each are being offered to Affected Small Investors for subscription in cash in full on application.

4.

60% of  the total public  offering  i. e 18,000,000 share Tk.10.00 at an issue price of Tk.35 each including a premium of Tk.25  each 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. 313/227, 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

Wahid18359@gmail.com