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News Briefs (11-12-2018)

December 11, 2018 00:00:00


SoftBank's mobile IPO second biggest in history

HONG KONG (Dec 10): SoftBank is raising $23.5 billion from the IPO of its Japanese mobile business, making it the second biggest stock market listing ever. Strong demand from investors for a piece of one of Japan's biggest wireless carriers prompted the Japanese tech company to increase the number of shares available by 160 million. It priced the shares at 1,500 yen ($13) each, raising a total of 2.65 trillion yen ($23.5 billion), it said in a statement Monday.

—CNN Business

Seminars on land survey, GPS equipment held

Overseas Marketing Corporation (Pvt) Ltd (OMC) and Trimble Inc. USA jointly organised product seminars focusing on land survey and GPS equipment titled "Technology Day with Trimble Express 2018" in Dhaka and Chittagong recently. The day-long seminars were put together as a presentation of the premium products and solutions of the technological innovations that Trimble has to offer. Professionals from OMC and Trimble provided an in-depth presentation on Land Survey, GIS and Mapping products and solutionsin line with the latest technological innovations. The premium products included - GPS, Robotic Total Station, 3D Scanner and various innovative products. Experts from public, private and multinational companies, defense representatives and notable educational institutions were among, the attendees in the seminar. Trimble, in association with its local partner, OMC, will be providing all sorts of support and services to the Bangladesh market to cater all land survey and GPS mapping solutions, and has jointly set up a state-of-the-art service center for its customers. Mr. John Whitehead, Director of Sales and Distribution of Trimble, Mr. M. A. Mannan Bhuiyan and Mr. Maruf Akter Mannan, Managing Director & Executive Director of OMC respectively were present at the seminar.

— Statement


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