New IPO Come In New Rules Of Express Insurance Limited

Express Insurance Limited
Express Insurance Limited

Through the initial public offering (IPO) to raise money from the capital market of 43 Core to 46 lac, the Express Insurance Limited. Meanwhile, the Commission has submitted the application.



Express Insurance Company Limited Issue Manager Finance and Investment Limited, the issue manager said on canvas. Khaled Hossain said Bangladesh stock.

Khaled Hossain, everything will depend on the Commission. The new rules will apply to them now. The Commission has already submitted 2015 Accounts April. There is no longer in the hands of just a few days time. In the meantime, the Commission will submit the express authority.


And if you do not have to submit accounts in June, again, the issue manager Khaled.

He said the new rules were published, the company said premiums. Therefore, in accordance with the new Express will come on the market.

That company share face value of TK 20 Include premium TK 10 applies to the BSEC.

2014- 15 financial year 8 companies in Bangladesh capital market regulator Securities and Exchange Commission (SEC) filed IPO. The company completed its IPO at the end of the 4 countries are traded on both stock exchanges. Held up to Express Insurance Company Limited.




At the same time the shares traded in the market at the end of the application are: Regent Textile, Doren Power, KDS Accessories and Simtez Industries.


Express Accounts Deposit Insurance Company Secretary Liaquat details stock in the context of the June-July, we will submit. Walking Day less than a month after the two is possible.

For that reason we have not been able to prepare. Our company is a public limited company, all our work is going well. We're not into shares of stock, it will be the Company Secretary.


In this company's 2012 financial year shares were EPS BDT.2.95 and next financial year this company show EPS BDT. 2.62. At the same time, the company's asset value or NAV per share was BDT.16. 47 and BDT. 16.47.

Express Insurance 2011 shareholder was 20 percent cash dividend & 2012 that company was give to 12 percent stock and 12 percent cash for shareholder. Next year that company was declares for 20 percent cash dividend.

The canvas is the issue manager of Express Insurance Finance & Investment Limited.



Share on Google Plus

About Jessica Hornberger

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment