Tung Hai Knitting and Dyeing IPO lottery result.
Tung Hai Knitting IPO result will publish within June 2014. Tung Hai
Knitting and Dyeing IPO approved by Bangladesh Securities and Exchange
Commission. Tung Hai Knitting and Dyeing to raise TK 35 crore from the
public.
Tung Hai Knitting IPO Result
Tung Hai Knitting and Dyeing IPO lottery
result will publish very soon. The textile company proposed 3.5 crore
ordinary shares worth TK 10 each to raise the fund to meet working
capital needs, purchase equipments and pay the bank term loans. In
December 2012, the Company’s earnings per share stood at TK 1.15 and Net
Asset Value (NAV) per share at TK 13.73. Download Tung Hai Knitting IPO
result now.
Tung Hai Knitting and Dyeing IPO Market
Lot (Shares): 500. The supervisor also approved a TK 50 crore open-end
mutual fund, ICB AMCL Converted First Unit Fund. ICB Asset Management
Company is the manager of the first of its kind fund will be converted
from a closed-end mutual fund to an open-end unit fund. The price of
each unit of the fund is TK 10, which kept for unit holders of ICB AMCL
1st Mutual Fund and sponsors of the fund. The exchange completed by 20th
February 2014.
Tung Hai Knitting Subscription Opened on
18th May 2014 and Subscription Closing date 22nd May 2014 but for NRB
Subscription period was 18th May 2014 to 31th May 2014. Tung Hai
Knitting and Dyeing IPO authorized capital TK: 1,000,000,000.00, Tung
Hai Knitting Pre- IPO paid up Capital TK: 451,300,000.00. Besides Tung
Hai Knitting IPO total size in shares: 35,000,000 and IPO size in TK. at
face value TK: 350,000,000.00, Total Post IPO Paid-up Capital TK:
801,300,000.00
The regulator rejected proposals to
convert loans into ordinary shares by two listed firms—Paper processing
and Packaging and Monospool Paper Manufacturing Company. Both companies
failed to present necessary documents for the conversion. Tung Hai
Knitting IPO result will be available in our website.
Tung Hai Knitting and Dyeing IPO Result
Tung Hai Knitting and Dyeing IPO over Subscript 24 times then total IPO size.
In another shift, the regulator allowed
Asian Tiger Capital Partners Asset Management to submit a complete
prospectus of Sandhani Life Growth Fund in three months. AFC Capital and
Imperial Capital is the issue manager of Tung Hai Knitting and Dyeing
initial public offering (IPO). Though former the commission decided to
cancel registration of the closed-end mutual fund. BSEC also decided in
principle to allow re-demption of Padma Islami Life 1st Mutual Fund.
Tung Hai Knitting and Dyeing Ltd Website
Tung Hai Knitting and Dyeing Website
address www.Tunghaigroup-bd.com. Tung Hai Knitting and Dyeing is a
subsidiary of Tung Hai Group is a leading manufacturer and exporter of
knitted sweaters and jerseys. The group’s annual turnover is over $50
million. The Company is 100% estimated exporter, mainly engaged in the
business of Dyeing, Knitting and Bleaching of Yarn to use in the export
of sweater & export oriented garments- According to the group’s
website the company has two major products. One is Dyed Yarn from dyeing
section and another is Sweaters knitted from knitting section.
Nearby, 32 textile companies are listed
on the Dhaka Stock Exchange (DSE), accounting for approximate 5 percent
of the total market capitalization. Visit www.topbdresult.blogspot.com to get Tung
Hai Knitting and Dyeing IPO result in time. You will find more update
about IPO related.
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