FAR Chemical Industries Ltd IPO approved, Form and prospectus download. FAR Chemical Industries Ltd Initial Public Offering (IPO) approved. FAR Chemical Industries Ltd IPO has approved by Bangladesh Securities & Exchange Commission (BSEC) on 21st January 2014, Tuesday.
FAR Chemical Industries Ltd IPO
The Executive Director of Bangladesh Securities & Exchange Commission (BSEC) Forhad Ahmed had taken the decision at a regular commission meeting presided over by. It is the 560th conference of BSEC. Company’s issue manager is First Securities Services Ltd.
In a press release of BSEC said to be, FAR Chemical Industries Ltd would be issuing Tk 1 crore 20lakhs shares to raise Tk 12 crore to repay its bank loans with Tk 10 face value. FAR Chemical Industries Ltd plans to raise Tk 12 crore during an initial public offer (IPO) to selling machineries and working capability.
According to economic year 30th June 2013, earning per share is Tk 5.01 and share per net asset value is Tk 15.55. FAR Chemical Industries Ltd Earning per share (EPS) Tk 5.01, Net Asset Value (NAV) Tk 15.55 and Face value Tk 10/-.
FAR Chemical IPO Form and prospectus
FAR Chemical Industry Limited:
FAR Chemical Industry is a textile chemical based industry placed in Comilla EPZ, manufacturing all types of textile chemicals desired the Group’s 100% export oriented textile sector. FAR Group is a rising star in the industrial sector, guided by the visionary Chairman Al-Hajj Md. Abdul Kader Faruk and supported by its skilled and dedicated managerial team and employees FAR Chemical has created huge number of employments and contributed in the saving of foreign currency too by lessening foreign imports by its soft and quick delivery of quality goods.
Corporate Office address: M. L. Tower (15th-16th Floor), 1 East Rampura, D.I.T Road, Dhaka-1219, Bangladesh. E-mail: [email protected]
FAR Chemical IPO Subscription
FAR Chemical IPO Subscription would be start from 10 March 2014. You will can Download FAR Chemical IPO Form and prospectus.
Subscription open : 10 March 2014
Subscription close : 16 March 2014
Subscription close for NRB : 10 March 2014 to 25 March 2014
FAR Chemical Industries Ltd IPO Face value per share Tk. 10.0 , Market lot 500 units.
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