News Briefs(22-3-2019)

IDCOL, IDLC to raise Tk 5025m term loan for SEZ

The Infrastructure Development Company Limited (IDCOL) and the IDLC Finance Limited (IDLC) has been recently mandated by Sirajganj Economic Zone Limited (SEZ) to raise Tk 5025 million term loan for the development of the first phase of the economic zone to be implemented by a consortium of 11 reputed business conglomerates. Mahmood Malik, Executive Director & CEO of IDCOL, Arif Khan, CEO & Managing Director of IDLC, and Mahmud Hasan Khan, Vice Chairman of SEZ, signed the term sheet on behalf of their respective organisations at the corporate head office of IDLC in Dhaka.

— Statement

CAPM declares NAV of IBBL Mutual Fund

The 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 742,185,743.49 on the basis of cost price and Tk 718,092,426.08 on the basis of market price at the close of the operations on March 21, 2019. The NAV per unit at cost price and market price of the fund are Tk 11.10 and Tk 10.74 respectively against the face value of Tk 10 per unit.

— Statement

DSE to hold two training

programmes

The Dhaka Stock Exchange (DSE) will hold a training programme on 'Portfolio Management & Security Analysis' on March 27-April 11, 2019. Another training programme on 'Advanced Technical Analysis' will be held on April 15-May 02, 2019. For registration and information, interested persons can contact the DSE Training Academy, 9/G Building (5th floor), Motijheel C/A, Dhaka. .

— DSE online

IPO lottery

The IPO lottery programme of New Line Clothings Limited will be held on March 24, 2019 at 10:30am at the Auditorium of Institution of Engineers (IEB), Ramna, Dhaka.

— DSE online