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IPO coordination meeting of Appollo Ispat

The IPO coordination meeting of "Appollo Ispat Complex Limited" among the issue manager, post issue manager, underwriters, bankers to the issue and lead bankers was held on Tuesday. Md. Ansar Ali, Managing Director of Appollo Ispat Complex Ltd, Moshiur Rahman, Chief Executive Officer of ICB Capital Management Ltd and Swadesh Ranjan Saha, Vice Chairman of SATCOM IT Ltd attended, among others.

The IPO coordination meeting of “Appollo Ispat Complex Limited” among the issue manager, post issue manager, underwriters, bankers to the issue and lead bankers was held on Tuesday. Md. Ansar Ali, Managing Director of Appollo Ispat Complex Ltd, Moshiur Rahman, Chief Executive Officer of ICB Capital Management Ltd and Swadesh Ranjan Saha, Vice Chairman of SATCOM IT Ltd attended, among others.

The IPO coordination meeting of Appollo Ispat Complex Limited among the issue manager, post issue manager, underwriters, bankers to the issue and lead bankers was held on Tuesday.

The subscription of Appollo Ispat will resume from 6th of October at a price of Tk. 22.00 per share, the lot size will be 200 shares, value in Tk. 4,400.00 per lot.

Moshiur Rahman, Chief Executive Officer of ICB Capital Management Ltd assured his full support in conducting the IPO successfully.

Swadesh Ranjan Saha, Vice Chairman of SATCOM IT Ltd. in his speech highlighted various core aspects of the IPO process.

Mr. Imran Ahmed, Senior Vice President of Bank Asia Ltd. the lead banker, Mr. Abdur Rahman, Deputy Managing Director of Appollo Ispat Complex Ltd. and Mr. Sk. Abul Hassan, Company Secretary and Executive Director of Appollo Ispat Complex Ltd. also address in the meeting.

Among the participants, the representative from BRAC Bank Ltd., The City Bank Ltd., Investment Corporation of Bangladesh (ICB), IFIC Bank Ltd., Jamuna Bank Ltd., Mutual Trust Bank Ltd., National Bank Ltd., One Bank Ltd., Shahjalal Islami Bank Ltd., Social Islami Bank Ltd., Southeast Bank Ltd., Standard Bank Ltd., ICB Capital Management Ltd., Phoenix Insurance Company Ltd., BMSL Investment Ltd. Rupali Insurance Company Ltd., Sonali Investment Ltd. and Prime Finance Capital Management Ltd. were present in the meeting.

Md. Ansar Ali, Managing Director of Appollo Ispat Complex Ltd. offered thanks to all the participants for coming to the meeting and expressed his hope in getting full co-operation and support.

– FE Report

Source : http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDlfMThfMTNfMV84OV8xODM4ODU=

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