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IPO lottery draw of Golden Son Dec 10

Friday, 4 December 2009


FE Report
The IPO lottery draw of Golden Son Limited will be held on December 10, subject to approval of the Securities and Exchange Commission (SEC), the company sources said.
The draw will be started at 11 am at city's Officers' Club, company sources added.
The company floated 10 million shares of Tk 10.00 each (Tk 200 million) at an issue price of Tk 20.00 including a premium of Tk 10.00 each through repeat public offering (RPO).
Golden Son Limited, a company with joint venture of Taiwan started its subscription on November 8 and closed on November 12. For non-resident Bangladeshis the subscription was opened up to November 21.
The present trading category of Golden Son Limited is "A", based on financial statement as on December 31, 2008. ICB Capital Management Limited is the issue manager of the company's RPO.
Chittagong-based Golden Son launched its operation in 2003 producing sporting toys, aerosole and house hold items, garments and fan accessories.