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Prime Finance, Keya Cotton Mills sign IPO deal

Thursday, 13 December 2007


FE Report
Prime Finance and Investment Ltd, a non-banking financial institution and merchant bank, signed an agreement with Keya Cotton Mills Limited to manage their proposed Initial Public offering (IPO) in the city recently.
Prime Finance Managing Director Nozmul Haque and Keya Cotton Mills Managing Director Abdul Khaleque Pathan signed the issue management agreement for IPO on behalf of their respective organisations.
Under the deal, Prime Finance will raise a total amount of Tk 250 million for Keya Cotton Mills through public issue of shares.
Prime Finance DMD Md Akter H Sannamat, SVP Moin Al Kashem and VP Md Rezaul Haque and Keya Cotton Mills Executive Director and Company Secretary Syed Noorul Alam were also present on the occasion.