Paramount Insurance gets DSE listing
Wednesday, 17 October 2007
FE Report
Dhaka Stock Exchange (DSE) has approved the listing of Paramount Insurance Company Ltd.
The listing sub-committee of the bourse in a meeting Tuesday gave the approval which would be finalised by the DSE board in a meeting scheduled on October 23, sources said.
The October 23 board meeting will also fix the debut trading date of the newly listed insurance company.
Paramount Insurance floated 0.9 million shares with the face value of Tk 100 per share and the subscription took place between July 29 to August 11 last.
Paramount Insurance will be the 33rd listed insurance company of DSE.
So far 32 insurance companies have floated 36.79 million shares in the stock market since 1989.
Of them, Prime Islami Life Insurance made debut in the DSE this year while Pragati Life Insurance, Sonar Bangla Insurance, Asia Pacific General Insurance and Progressive Life Insurance got listed in 2006.
Dhaka Stock Exchange (DSE) has approved the listing of Paramount Insurance Company Ltd.
The listing sub-committee of the bourse in a meeting Tuesday gave the approval which would be finalised by the DSE board in a meeting scheduled on October 23, sources said.
The October 23 board meeting will also fix the debut trading date of the newly listed insurance company.
Paramount Insurance floated 0.9 million shares with the face value of Tk 100 per share and the subscription took place between July 29 to August 11 last.
Paramount Insurance will be the 33rd listed insurance company of DSE.
So far 32 insurance companies have floated 36.79 million shares in the stock market since 1989.
Of them, Prime Islami Life Insurance made debut in the DSE this year while Pragati Life Insurance, Sonar Bangla Insurance, Asia Pacific General Insurance and Progressive Life Insurance got listed in 2006.