Notice
Date: 25-11-07
Fidelity Assets & Securities Company Limited (FAS) finished receiving local and NRB applications from general public as per date declared by the Securities and Exchange Commission (SEC) and received overwhelming supports. The issue has been subscribed to the tune of Tk.260.00 Crore (including NRB and RB) approximately against Tk.14.0635 Crore only. It is our immense pleasure to inform you that we are going to perform IPO Lottery in front of public and other respected guests as per following schedule, subject to approval of the Securities and Exchange Commission (SEC):
Date : 5th December 2007
Venue : Bashundhara Convention Center
Address : Block G, Umme Kulsum Road,
Bashundhara R/A, Baridhara,
Dhaka, Bangladesh.
The Board of Directors and Management of the company takes the opportunity to express its profound gratitude and heartiest facilitation to the valued applicants and unbound gratefulness for the co-operation extended by:
Bangladesh Bank
Securities & Exchange Commission (SEC)
Dhaka Stock Exchange (DSE)
Chittagong Stock Exchange (CSE)
Underwriters
Bankers To The Issue
Manager To The Issue
Fidelity Assets & Securities Company Limited (FAS)
71 Mohakhali C/A, 2nd Floor, Dhaka 1212
Phone: 9860273, 8825949, 8851595 Fax: 88-02-9898636
Note: This notice is from the website of the company. Please check back after the lottery for IPO result
Monday, December 3, 2007
Monday, July 16, 2007
Monday, June 11, 2007
The initial public offering (IPO) of the Union Capital Ltd (UCL) has been oversubscribed by 35 times
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The initial public offering (IPO) of the Union Capital Ltd (UCL) has been oversubscribed by 35 times.This is the record subscription. Previously the Prime Islami Life Insurance Limited (PILIL) was oversubscribed by 31 times, according to capital market sources. "The IPO issued by the Union Capital has attracted a large number of investors during its five-day subscription ended Thursday last," said one senior official of the company.The UCL, a non-banking financial institution in the country, opened subscription on May 6 and ended on May 10. The UCL issued IPOs having face value at Tk 10 for raising Tk 75 million but it had been subscribed at Tk 2.5 billion.The subscription for the non-resident Bangladeshis (NRBs) will be closed on May 19. It has reserved 10 per cent quota for the NRBs. The UCL, took over by the local entrepreneurs in late 1998 when Peregrine Capital, one of the leading investment banks in the world, went to worldwide liquidation. However, sources at the company said that the lottery for allocating shares of 7,500,000 might take place on June 12 next at the Bangladesh-China Friendship Conference Centre (BIFCC) subject to the prior approval of the country's capital market watchdog, the Securities and Exchange Commission.
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Labels:
bangladesh,
dhaka,
hare,
union,
union capital ltd
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