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BFIC holds lottery for IPO

Tuesday, 17 July 2007


FE Report
The lottery for allotment of primary shares of Bangladesh Finance and Investment Company Ltd (BFIC) was held at Bangladesh China Friendship Conference Centre in the city Monday.
The company offered 0.7 million shares of Tk 100 each for public subscription.
The IPO subscription was held during June l0 to June 14, 2007 period and was oversubscribed by record more than 31 times worth of about Tk2.17 billion.
Refund warrants and allotment copies of those primary share seekers submitted applications through National Bank Ltd, EXIM Bank Ltd, Dhaka Bank Ltd + NRBs and Prime Bank Ltd will be distributed respectively July 21,22,23 and 24 at Dhaka Zila Kria Sangstha.
Besides, allotment copies and refund warrants of those share seekers of the BFIC submitted applications through the City Bank Ltd, National Credit and Commercial Bank Lt + Mutual Trust Bank Ltd, South East Bank Ltd and Prime Bank Ltd will be distributed respectively July21, 22,23 and 24 at the AGB colony community centre.
The lottery programme was conducted by a team of computer engineers from BUET led by Md. Shamsul Alam.
With Anwar Hossain, chairman of BFICL in the chair, the lottery programme was also attended by Hossain Khaled, president of Dhaka Chamber of Commerce and Industry, M H Samad, managing director of the Central Depository Bangladesh Ltd (CDBL) and Khairul Anam Khan, deputy director of Securities and Exchange Commission.