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RN Spinning IPO lottery draw held

Wednesday, 30 December 2009


FE Report
The IPO (Initial Public Offering) lottery draw of R.N. Spinning Mills Limited was held Sunday at the Engineers Institution, Dhaka in the city.
The schedule of sending refund warrants will be published in newspapers, officials concerned said.
The company offered 3.0 million ordinary shares worth Tk 300 million with the face value of Tk 100 each for subscription under the IPO. The subscription started on November 22 and closed on November 26. For non-resident Bangladeshis, the subscription was offered until December 5.
AAA Consultants and Financial Advisers Limited is its issue manager.