First Security Bank IPO lottery today
FE Report | Monday, 25 August 2008
The IPO lottery programme of First Security Bank Ltd will be conducted today (Monday) at 11.00 am at Bangladesh-China Friendship Conference Centre in the city, says a press release.
The First Security Bank received bids of Tk 5.0 billion against Tk 1.15 billion, the total size of initial public offering (IPO).
The subscription for IPO ended July 24.
The bank is the first private commercial bank to offer the largest number of primary shares to the general investors.
The bank which began its operation in 2000 issued 11.5 million ordinary shares with the face value of Tk 100 per share.
AB Bank is the issue manager of the First Security Bank IPO.
The First Security Bank received bids of Tk 5.0 billion against Tk 1.15 billion, the total size of initial public offering (IPO).
The subscription for IPO ended July 24.
The bank is the first private commercial bank to offer the largest number of primary shares to the general investors.
The bank which began its operation in 2000 issued 11.5 million ordinary shares with the face value of Tk 100 per share.
AB Bank is the issue manager of the First Security Bank IPO.