Dhaka Stock Exchange (DSE) Thursday approved the listing of Prime Finance First Mutual Fund.
"As per the rules, the next board meeting of the DSE scheduled early next week will give the final approval and fix the debut trading date of the new issue," a DSE source said.
The subscription of Prime Finance First Mutual Fund worth Tk 200 million ended January 17 last.
Face value of the each share of the new mutual fund is Tk 10.
It will be the 17th mutual fund in the country's stock market.
At present there are 16 mutual funds worth Tk 3.11billion.
Of them, ICB AMCL First NRB Mutual Fund, ICB AMCL Second NRB Mutual Fund and Grameen One: Scheme Two made debut in 2007 and 2008.
Grameen One: Scheme Two is the largest mutual fund with the size of Tk 1.25 billion
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