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Search date: 01-10-2019 Return to current date: Click here

Fundraising thru IPO remains sluggish

Fundraising through initial public offerings (IPOs) remained sluggish as only seven companies raised Tk 4.95 billion, including premium, through IPOs in January-September period of this year.The nine-month figure is down 1.20 per cent year on year, according to the Dhaka Stock Exchange (DSE) data.During January-September of 2018, as many as...

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Robi likely to be listed soon: BSEC chief

Robi, a multinational telecom operator, is likely to be listed on the stock exchanges within the shortest possible time frame, BSEC Chairman Prof M Khairul Hossain said on Monday. "The issue is under discussion. The company told us that it wants to be listed on the stock exchanges after the...

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Stocks retreat into red again

Stocks slipped into the red on Monday, snapping a two-day winning streak, as risk-averse investors went on a selling binge on large-cap shares.At the end of the trading session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled 0.56 per cent or 28.10 points lower at 4,947.Market analysts...

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Padma plant trial run from today

The Padma (Jashaldia) Water Treatment Plant (phase-1) is set to be put through trial operation today (Tuesday) after falling behind its deadline by almost three years.The Dhaka Water Supply and Sewerage Authority (DWASA) has been implementing the Tk 35.08 billion project to meet tape water demand in the city's south-western...

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RPGCL holds 32nd AGM

The 32nd Annual General Meeting (AGM) of Rupantarita Prakritik Gas Company Limited (RPGCL), a company of Petrobangla, was held at The Westin Dhaka recently, said a statement. The meeting was presided over by Md. Ruhul Amin, Chairman, Petrobangla & Chairman of the board of directors of RPGCL. Shareholder of the...

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News Briefs (01-10-2019)

Ring Shine Textile IPO lottery todayThe lottery draw for the initial public offering (IPO) of Ring Shine Textiles will be held today (Tuesday) to allocate 150 million ordinary shares among successful applicants, officials said. The lottery draw will be held at 10:30am at the Auditorium of Institution of Engineers (IEB)...

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Syed Mahbubur Rahman (4th from left)

Managing Director & CEO of Dhaka Bank Ltd. Syed Mahbubur Rahman (4th from left) along with other officials inaugurating a banking booth at Hatirpool in the city recently

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Md Shafiul Azam (seated, right)

Managing Director & CEO of Modhumoti Bank Limited Md Shafiul Azam (seated, right) posing with the participants of a workshop on 'Retail Products & Services' organised by the bank at the Modhumoti Learning & Development Centre -Explore recently

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Dr. Jamaluddin Ahmed (extreme right),

Dr. Jamaluddin Ahmed (extreme right), Chairman of Janata Bank Ltd, handing over a pay order forTk 15,45,500 to Red Crescent Society (Blood Donation Programme) recently for the treatment of 100 poor and destitute dengue patients under CSR programme of the bank. Md. Abdus Salam Azad, CEO and MD of Janata...

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19th AGM of Desh General Insurance Company

The 19th Annual General Meeting (AGM) of Desh General Insurance Company Limited was held at Dhaka Club Limited recently with Md. Jashim Uddin, Chairman of the company, in the chair. The AGM approved 10 per cent cash dividend for the year ended on December 31, 2018

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Dealer-Retailer Conference-2019 of Metrocem Group

The Dealer-Retailer Conference-2019 of Metrocem Group was held at a hotel in Cox's Bazar recently

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DSE/CSE News in Brief (01-10-2019)

DSE NEWSCredit ratingIPDC Finance Limited: Emerging Credit Rating Limited (ECRL) has assigned rating to IPDC Finance Limited as "AAA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the company up to December 31, 2018 and other relevant...

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AB InBev Asia unit's strong Hong Kong debut to boost IPO outlook amid political protests

HONG KONG, Sept 30 (Reuters): AB InBev's Asia-Pacific unit , which raised about $5 billion after relaunching its IPO this month, rose more than 6 per cent on its market debut in Hong Kong, easing concerns of the impact of ongoing anti-government protests on new share offerings.Budweiser Brewing Company APAC...

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