The lottery for share allotment of the Bay Leasing and Investment Limited is likely to be held on Thursday (February 19) at 10:30 am at the Bangladesh China Friendship Conference Centre in the city, subject to approval of the Securities and Exchange Commission (SEC).
The result will be publish on HERE.
Bay Leasing will be the 18th listed non-banking financial institution of the Dhaka Stock Exchange and Chittagong Stock Exchange.
Through initial public offering (IPO), the company has raised Tk 102 million floating 1.02 million ordinary shares. The paid up capital after IPO stood at Tk 204 million.
The raised fund will be utilised for expanding business and strengthening capital base position of the company.
The offer price of the company is Tk 250 per share including a premium of Tk 150.
The subscription of the company opened on January 18 while closed January 25 for resident Bangladeshis and January 31 for non-resident Bangladeshis.
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