Monday, July 5, 2010

Malek Spinning Mills IPO lottery Result

you are most welcome to Online share news . Malek Spinning Mills IPO lottery Result will be published at july 6,2010. To get the result  click below link
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Malek Spinning Mills Limited IPO information :
Malek Spinning Mills Limited IPO Lottery Result (2010).Malek Spinning Mills Limited IPO Lottery Result will be published as soon as possible after the lottery draw..Malek Spinning Mills Limited IPO Lottery Result will be available soon after the lottery draw.Malek Spinning Mills Limited IPO Lottery Result Details,
Malek Spinning Mills Limited IPO Lottery Result Bank code and Malek Spinning Mills Limited IPO Lottery refund warrant date  Malek Spinning Mills Limited IPO allotment date and location
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Malek Spinning, a Narayanganj-based textile company, offered 40 million shares for public to raise Tk 1.0 billion from the stock market. Offer value of its share has been fixed at Tk 25, including premium of Tk 15.

Established in 1999, it will be the 18th listed textile company on the stock exchanges- -Dhaka Stock Exchange and Chittagong Stock Exchange — after RN Spinning Mills Ltd that made debut in early February.

Its subsidiaries include Salek Textile Limited, Knit Asia Limited and Rahim Textile Mills Ltd, which is a listed company.

The raised fund will be used for the implementation of the company’s expansion programme and setting up chemical chip and fibre plants.

OPENING DATE FOR SUBSCRIPTION: June 06, 2010
CLOSING DATE FOR SUBSCRIPTION: June 10, 2010
For Non-Resident Bangladeshi (NRB) Quota, Subscription Closes on: June 19, 2010

Market Lot: 500

Face Value Per share: Tk. 10

Offer Price Per Share : Tk. 25( including a premium of Tk. 15)
Dhaka Stock Exchange: Malek Spinning Mills Limited
For Non-Resident Bangladeshi     June 06, 2010 to June 19, 2010
Reason for IPO     The Company intends to utilize the net proceeds for implementation of PET Granules & Polyester Staple Fibre project under the name of NewAsia Synthetics Limited and in acquiring part of the fixed assets and meeting other expenses of the project.
Offer Price Per Share     Tk. 25.00 (including premium of Tk. 15.00)
Face Value Per Share     Tk. 10.00
Market Lot (Share)     500

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