1:55 PM
The Securities and Exchange Commission on Tuesday allowed Argon Denims
Ltd to raise Tk 132 crore through an initial public offering issuing 3
crore ordinary shares with an offer price of Tk 44 each share including a
premium of Tk 34.
The company will use the IPO money to repay bank loans, to meet IPO issuance cost and for business expansion. The earning per share (EPS) of Argon Denims was Tk 5.46 as on December 31, 2011. LankaBangla Investment is the issue manager.
Source: New Age - 30 May, 2012, Wednesday
The company will use the IPO money to repay bank loans, to meet IPO issuance cost and for business expansion. The earning per share (EPS) of Argon Denims was Tk 5.46 as on December 31, 2011. LankaBangla Investment is the issue manager.
Source: New Age - 30 May, 2012, Wednesday
Posted in: Forth Coming IPO
0 comments:
Post a Comment