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Maksons Spinning Mills holds IPO lottery

Tuesday, 25 November 2008


IPO lottery of Maksons Spinning Mills Limited was held for distribution of 80,00,000 ordinary shares of Tk 10.00 each at par totalling Tk 8,00,00,000.00 in the city Sunday, says a press release.
Chairman of the company Abdul Ali and its Managing Director Mohammad Ali Khokon and the representatives of Securities and Exchange Commissions (SEC), Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), CDBL, ICB Capital Management, and Bay Leasing and Investment Ltd were present on the occasion.
The other members of the board of directors of the company and a large number of shareholders were also present.
Khokon informed the investors that against the IPO of Tk 80 million (8.00 crore) they got applications worth Tk 2.16 billion (216 crore).
He also expressed gratitude to the investors for their great confidence in the company.