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BSEC denies capital raise of PPPL

Paper Processing and Packaging Limited (PPPL) applied for raising capital (other than existing shareholder) to BSEC. But it was cancelled in the 538th Commission Meeting of BSEC. dse csePaper Processing & Packaging Ltd. (PPP) is one of the oldest printing and publication houses of Bangladesh. It aims to cater the growing demand of its products and services in the education and industrial sectors of the country. The project has equipments capable of printing and binding of 5000000 copies of books per annum. The Packing section is equipped to produce...

Tosrifa Industries’ IPO approved

BSEC Commission approved IPO of Tosrifa Industries Ltd. in the 538th Commission Meeting dated: 10-2-15. Furthermore, the Company will raise capital BDT 63, 87,21,200/- issuing 2,45,66,200 shares with an issue price of tk. 26 each (Premium Tk. 16 each share) through IPO. dse cse The Company will use the fund for the expense of Ongoing and Expansion project and IPO. As per financial report year ending 31st December 2013, it’s EPS tk. 2.49 and NAV Tk. 34.41. IDLC Investments Ltd. is the Issue Manager of the Company. The information was explained in a pres...

CIS to revalue BDWELDING

The Company BDWELDING has informed that the Board of Directors of the company has approved dse csethe appointment of the valuation firm Commodity Inspection Services (BD) Ltd (CIS) for the revaluation of the fixed Assets of the Company and also provides a valuation report.  

EMERALDOIL to sell shares

Sajan Kumar Basak, Syed Hasibul Gani Galib and Amitabha Bhowmik, all are Directors of the Company, have expressed their intention to sell 55,000 shares (Bonus shares), 5,81,000 shares (Bonus shares) and 55,000 shares (Bonus shares), out of their total holding of 11,00,000 shares, 1,16,20,000 dse cseshares and 11,00,000 shares respectively at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days. Syed Mahbubul Gani and Farhana Galib Ame, both are Sponsors of the Company, have expressed their intention to sell 37,5...

Share transfer of AL-HAJTEX

Md. Harunoor Rashid, one of the Directors of AL-HAJTEX has expressed his intention to transfer 2,00,000 shares out of his total holding of 11,89,920 shares of the Company to his mother Jobeda dse cseKhatoon by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

JanSport given 90 days to sign safety accord

Penn State has given clothing manufacturer JanSport a deadline to ensure Bangledeshi worker safety. RMG Rana PlazaThe company has 90 days to respond to a letter urging the company to sign the Accord on Fire and Building Safety in Bangladesh, Vice President for Student Affairs Damon Sims said via email. Acknowledgement of the existence of this demand comes after the Penn State United Students Against Sweatshops delivered its own letter on Friday calling on the university to cut ties with JanSport, a subsidiary of the VF Corporati...
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