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News Briefs (2022-05-14)

May 14, 2022 00:00:00


CAPM declares

Unit Fund NAV

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 84,879,221.18 on the basis of cost price and 97,919,782.98 on the basis of market price at the close of the operations on May 12. The NAV per unit at cost price and market price of the fund are Tk 113.52 and Tk 130.96 respectively against the face value of Tk 100 per unit. Per unit subscription and surrender prices of the CAPM Unit Fund have been re-fixed at Tk 130.96 and Tk 130.56 respectively. The prices will remain valid from May 15 until announcement of the next NAV. — Statement

NAV of IBBL

Islamic MF

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM IBBL Islamic Mutual Fund. The total NAV of CAPM IBBL Islamic Mutual Fund stood at Tk 714,196,389.62 on the basis of cost price and Tk 831,983,111.75 on the basis of market price at the close of the operations on May 12. The NAV per unit at cost price and market price of the fund are Tk 10.68 and Tk 12.44 respectively against the face value Tk 10 per unit. — Statement

BDBL Mutual

Fund 01 NAV

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM BDBL Mutual Fund 01. The total NAV of CAPM BDBL Mutual Fund 01 stood at Tk 550,239,839.80 on the basis of cost price and Tk 639,830,347.20 on the basis of market price at the close of the operations on May 12. The NAV per unit at cost price and market price of the fund are Tk 10.98 and Tk 12.76 respectively against the face value of Tk 10 per unit. — Statement

Porsche IPO depends on

market conditions

BERLIN: Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth quarter of this year, depended on numerous factors including market conditions. "We are working on financing plans in order to be robust in different valuation scenarios for an IPO (initial public offering)," Porsche SE chairman Hans-Dieter Poetsch said. "The actual feasibility of the IPO depends on a large number of different influencing factors... final decisions have not yet been made." Volkswagen and Porsche SE, which is its top shareholder, drew up a preliminary agreement to list Porsche in February, hoping to unlock value from the luxury car brand in what could be one of the world's largest stock market debuts. Volkswagen's Chief Executive Herbert Diess said on Thursday he thought the timing for an IPO was ideal. — Reuters


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