Energypac Power's cut-off price fixed at Tk 35
Click here to read full article from source
Dhaka, Sept. 28 -- The cut-off price of Energypac Power Generation shares has been fixed at Tk 35 each through electronic bidding by eligible institutional investors.
The Dhaka Stock Exchange (DSE) on Monday disclosed the cut-off price of the company's share through electronic subscription system (ESS) of Bangladesh.
The electronic bidding, under the book building method, took place for 72 hours - from 5:00pm on September 21 to 5:00pm on September 24 (round the clock).
During this period, 239 institutional and eligible investors offered different prices to buy the company's shares. Among them, most bids were between Tk 40 and Tk 25.
A total of 43 bidders offered Tk 25 each while 29 bidders offered Tk 40 each.
The highest bidding pric...
To read the full article or to get the complete feed from this publication, please Contact Us