IDLC Investments to act as lead Issue Manager of SM Knitwears
April 28, 2014 00:00:00
SM Knitwears Limited has recently signed an agreement with IDLC Investments Limited and Royal Green Capital Market Limited to raise capital through Initial Public Offering.
SM Knitwears Limited has recently signed an agreement with IDLC Investments Limited and Royal Green Capital Market Limited to raise capital through Initial Public Offering. IDLC Investments Limited will act as Lead Issue Manager and Royal Green Capital Market Limited will act as Co-Issue Manager in this regard.
SM Knitwears Limited, a flagship company of SM Group of Companies, was incorporated in 2001. The company is a manufacturer of 100% export oriented Ready Made Garments. The company's factory is located at Shirirchala, Bhabanipur, Gazipur.
Syed A K Anwaruzzaman, Managing Director, SM Knitwears, Md. Moniruzzaman, Managing Director, IDLC Investments and Md. Shah Alam, Managing Director, Royal Green Capital Market Limited have signed the contract. Syed Mohammad, Director of SM Knitwears, Md. Ziaul Haque Khondker, Adviser of Royal Green, Selim R. F. Hussain, CEO & Managing Director of IDLC Finance, Rubayet-E-Ferdous, Chief Operating Officer, IDLC Investments and other high officials were also present on the occasion.