Yeakin Polymer Limited IPO Result Published. The Bangladesh Securities Exchange Commission approved IPO “Yeakin Polymer Limited” on Thursday 19 May 2016 on their 573 nos Board Meeting presided by BSEC Chairman. Yeakin Polymer Limited IPO Result draw will be held on Wednesday 10 August 2016 at Engineering Institute, 8/A, Ramna, Dhaka-1000. Time: 10:00 A.M
Yeakin Polymer Limited IPO Result
The company has expressed its intention to collect Taka 2 crore from the capital market offering 2 Crore (Two Crore) shares to issue share prices at Taka 10 as face value. The company’s earning Per Shares (EPS) Taka 1.41 and Net Asset Value (NAV) Taka 14.61 according to the audited financial statement of 30 June 2015. Imperial Capital Limited and FAS Capital Management Limited have acted on behalf of for the company’s issue managers. The company will spend the capital in buying machineries, setting up the administrative building and factory and other relevant divisions.
Yeakin Polymer Ltd Subscription Details:
The Company’s subscription date will start form 10 July 2016 and cut off date 20 July 2016 (Including NRB)
Yeakin Polymer Ltd. is a PP Woven bagging plant, an effort of vertically integrated diversification of Yeakin Group. The Company has been incorporated on the 8th February, 2001 as a Public Limited Company with the permission of export and import approved by Bangladesh Government. They have experience of production and trading of various kinds of woven bags/sacks such as PP/PE Liner, Fashionable Shopping Bag, Recycle and Reusable bag etc. both in local and international market,
This company manufacturing unit is situated at Satkhira Khulna in the southwest region of Bangladesh. The project site is on the Highway away from the maddening crowd. The factory has a very easily adaptable working environment for the workers and staffs.
Imperial Capital Ltd. and FAS Capital Management Ltd. jointly working as the manager to the issue. YPL will issue 1,20,00,000 ordinary shares of Tk 10 each through IPO.
Yeakin Polymer Ltd IPO Result Download
Yeakin Polymer Limited IPO lottery Result will be held on Wednesday 10 August 2016 at Engineering Institute, 8/A, Ramna, Dhaka-1000.
Distribution of Refund Warrant
Yeakin Polymer Limited Address:
83, Siddheswari Circular Road Manhattan Tower ( Level-6) Malibagh, Dhaka-1217
Web Address: www. yeakingroupbd.com
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