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DBH First Mutual Fund IPO lottery held

Sunday, 17 January 2010


The IPO lottery of the DBH's First Mutual Fund took place Thursday at Bangabandhu International Conference Centre in the city.
Presided over by Chief Executive Officer (CEO) of LR Global AMC, Reaz Islam the function was attended, among others by, Managing Director of DBH Q. M. Shariful Ala and representatives of Securities and SEC and DSE.
The IPO lottery selected the investors of the public issue of units of the company's first mutual fund which was oversubscribed by about more than 13 times i.e., over Tk 5.30 billion.
Addressing the function Reaz Islam said in fact, professionally managed and quality mutual funds helped to meet the growing demand of investors.