Initial Public Offers 2010

8/13/2019 Initial Public Offers 2010

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Initial Public Offers 2010

PHP First Mutual Fund :

Name PHP First Mutual Fund

Nature of the FundClosed-end Mutual Fund with a tenure of 10

(Ten) years.

Objective

The objective of the fund is to provide

attractive dividend to the unit holders byinvesting the proceeds in the variousinstruments in the Bangladeshi capital markeand money market.

Subscription Open October 03, 2010

Subscription Close October 07, 2010

For Non-ResidentBangladeshi

October 03, 2010 to October 16, 2010

Listing Date November 25, 2010

Trading Date November 29, 2010

Offer Price Tk. 10.00 per unit

Face Value Tk. 10.00 per unit

Market lot 500 Units

Sponsor’s Portion (Units) 20,000,000

Pre IPO Placement Portion(Units)

80,000,000

Public Offer (Units) 100,000,000

Size of the Fund (Units) 200,000,000

Size of the Fund (Amount) Tk. 2,000,000,000

sset Manager RACE Management PCL

Sponsor PHP Power Generation Plant Limited

Custodian Standard Chartered Bank (SCB)



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TrusteeBangladesh General Insurance Company

Limited

ebsite ww.racebd.com

Active Fine Chemicals Limited :

Nature of Business

Active Fine Chemicals Ltd. wasestablished in 2004 with a vision to sharein local market for supply of bulk drugmaterials. The main objective of thecompany is to enter into fast growingpharmaceutical local market by providing

highest quality products in the market ata competitive price.

Subscription Open September 14, 2010

Subscription Close September 20, 2010


September 14, 2010 to September 29, 2010

Listing Date November 11, 2010

Trading Date November 22, 2010

uthorized Capital Tk. 1,000 million

Pre- IPO paid-up Capital Tk. 240 million

IPO size Tk. 160 million

Post IPO Paid-up Capital Tk. 400 million

Face Value Tk. 10.00

Offer Price Tk. 10.00

Market Lot (Share) 500

Use of IPO Proceeds

Proceeds from IPO of Tk. 16,00,00,000/-ill be utilized for settled of Janata Bank

Ltd. term loan, supporting of WorkingCapital and IPO expenses.



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sset Manager ICB Asset Management Company Limited

Sponsor Islamic Finance and Investment Limited

Trustee and Custodian Investment Corporation of Bangladesh

ebsite www.icbamcl.com.bd

Popular Life First Mutual Fund :

Name Popular Life First Mutual Fund

Nature of the FundClosed-end Mutual Fund with a tenure of 10(Ten) years.

Objective

The objective of the fund is to provide

attractive dividend to the unit holders byinvesting the proceeds in the variousinstruments in the Bangladeshi capitalmarket and money market.

Subscription Open ugust 22, 2010

Subscription Close ugust 26, 2010

For Non-Resident

Bangladeshiugust 22, 2010 to September 04, 2010

Listing Date October 13, 2010

Trading Date October 19, 2010






80,000,000



Size of the Fund (Amount) Tk. 2,000,000,000.00


Sponsor Popular Life Insurance Company Limited



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Limited

ebsite ww.racebd.com

Green Delta Mutual Fund :

Name Green Delta Mutual Fund

Nature of the FundClosed-end Mutual Fund with a tenure of 10(Ten) years.



For Non-Resident

Bangladeshiugust 10, 2010 to August 26, 2010

Listing Date September 23, 2010

Trading Date September 28, 2010






60,000,000




sset ManagerLR Global Bangladesh Asset Management

Company Limited

Sponsor Green Delta Insurance Company Ltd.




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Limited (BGIC)

ebsite ww.lrglobalbd.com

First Janata Bank Mutual Fund :

Name First Janata Bank Mutual Fund

Nature of the Fund Closed-end Mutual Fund with a tenure o10 (Ten) years.

Objective

The objective of the fund is to provideattractive dividend to the unit holders by

investing the proceeds in the variousinstruments in the Bangladeshi capitalmarket and money market.




ugust 01, 2010 to August 14, 2010

Listing Date September 16, 2010

Trading Date September 20, 2010






50,000,000





Sponsor Janata Bank Limited



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NAV Per Share (afterrevaluation; as per

Prospectus)

Tk.16.05 (as on 30.06.2009)

Issue Manager ICB Capital Management Limited

Co-Issue Manager Janata Bank Limited

Website www.beacon-pharma.com

Malek Spinning Mills Limited :

Nature of Business Production and sale of combed and carded yarn.

Subscription Open June 06, 2010

Subscription Close June 10, 2010


June 06, 2010 to June 19, 2010

Listing Date July 29, 2010

Trading Date August 02, 2010

Reason for IPO

The Company intends to utilize the net proceeds

for implementation of PET Granules & PolyesterStaple Fibre project under the name of NewAsia

Synthetics Limited and in acquiring part of thefixed assets and meeting other expenses of theproject.

Offer Price Per Share Tk. 25.00 (including premium of Tk. 15.00)

Face Value Per Share Tk. 10.00


Pre-IPO Paid-up Capital Tk. 1,200,000,000.00 (as on 29.10.2009)

Public Offer (Share) 40,000,000

Total Issued Shares(after IPO)

160,000,000

Total Paid-up Capital Tk 1,600,000,000.00



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(after IPO)

EPS (as per Prospectus) Tk. 2.70 (as on 30.06.2009)

Tk. 0.68 (as on 30.09.2009) (for 3 months)

NAV Per Share (as perProspectus) (as on30.09.2009)

Tk. 34.71 (considering re-valuation reserve)

Tk. 18.94 (without re-valuation reserve)

Managers to the Issue

1. Grameen Capital Management Limited

2. Prime Finance & Investment Limited

3. ICB Capital Management Limited

4. Swadesh Investment Management Limited

5. Mercantile Securities Limited

Website www.malekspinning.com

United Airways (BD) Limited :

Nature of Business

The principle activities of the company is tohire, purchase, and lease of aircraft for the

purpose of carrying passengers provide airtransport including cargos, mail, charter

and training (basic and commercial) both

locally & internationally.

Subscription Open May 16, 2010

Subscription Close May 20, 2010


May 16, 2010 to May 29, 2010

Listing Date July 08, 2010

Trading Date July 12, 2010

Reason for IPO

The Company intends to utilize the netproceeds for expanding the era of aviationservice by United Airways (BD) Limited todifferent international destinations likeLondon, Jeddah, Singapore, Kualalampur,Katmandu, Gatwick, Manchester andBirmingham from Dhaka and Sylhet.



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Offer Price Per Share Tk. 100.00

Face Value Per Share Tk. 100.00


Pre-IPO Paid-up Capital Tk. 1,000,000,000.00

Public Offer (Share) 10,000,000

Total Issued Shares (afterIPO)

20,000,000

Total Paid-up Capital(after IPO)

Tk 2,000,000,000.00

EPS (as per Prospectus) Tk. 9.48 (as on 30.06.2009) and Tk. 5.74(as on 31.10.2009) (For 4 months)

NAV Per Share (as perProspectus)

Tk. 101.58 (as on 31.10.2009)

Manager to the Issue AAA Consultants & Financial Advisers Ltd.

Website www.uabdl.com

ICB AMCL 3rd NRB Mutual Fund :

Name ICB AMCL Third NRB Mutual Fund

Nature of the fund Close-end Mutual Fund of 10 (Ten) yearstenure.

Objective

The objective of the fund is to provideattractive dividend to the unit holders byinvesting the proceeds in the capital marketand the money market.

Subscription Open March 28, 2010

Subscription Close April 01, 2010

For Non ResidentBangladeshi

March 28, 2010 to April 10, 2010

Listing Date 20/05/2010



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Trading Date 24/05/2010




Sponsors Portion 10,000,000 units

Pre IPO PlacementPortion

10,000,000 units

Public Offer 80,000,000 units

Size of the Fund 100,000,000 units

Size of the Fund Tk. 1,000,000,000.00

Asset Manager ICB Asset Management Company Limited

Sponsor ICB Capital Management Limited

Trustee andCustodian

Investment Corporation of Bangladesh

Website www.icbamcl.com.bd

Phoenix Finance 1st Mutual Fund :

Name Phoenix Finance 1st Mutual Fund

Nature of the fund Close-end Mutual Fund of 10 (Ten) years

tenure

Objective

The objective of the fund is to provideattractive dividend to the unit holders by

investing the proceeds in the capital market

and money market.

Subscription Open March 07, 2010

Subscription Close March 11, 2010


March 07, 2010 to March 20, 2010



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Listing Date 04.05.2010

Trading Date 09.05.2010





Pre IPO PlacementPortion

10,000,000 units


Size of the Fund 60,000,000 units

Size of the Fund Tk. 600,000,000.00

Asset Manager ICB Asset Management Company Limited

Sponsor Phoenix Finance & Investments Limited


Website www.icbamcl.com.bd

IFIC Bank 1st Mutual Fund :

Name IFIC Bank 1st Mutual Fund

Nature of the fund Close-end Mutual Fund of 10 (Ten) years tenure

Objective

The objective of IFIC Bank 1st MutualFund is to pay attractive dividends to

its unit holders by earning superiorrisk adjusted return from a diversifiedinvestment portfolio.

Subscription Open February 07, 2010

Subscription Close February 11, 2010


February 07, 2010 to February 20,2010

Listing Date 29.03.2010

Trading Date 01.04.2010




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Market Lot 500 Units


Pre IPO Placement Portion 55,000,000 units


Size of the Fund120,000,000 units (In future the fund

size will not be changed).

Size of the Fund Tk. 1,200,000,000

Asset Manager RACE Management PCL

Sponsor IFIC Bank Limited


Website

www.racebd.com



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ACI Limited (ACI 20% Convertible Zero Coupon Bonds) :

Subscription Open January 31, 2010

Subscription Close February 04, 2010


January 31, 2010 to February 13, 2010

Reason for RPO

ACI Pharmaceuticals is expected to beintroducing three new lines of medicineproducts namely Anti Cancer, Hormone &Steroid and Amino Acid. For this newinitiative, ACI is expected to be invested Tk.597 million in new pharmaceuticals projectsand the balance Tk. 403 million is proposedto be used for working capital and to reduce

current bank borrowings.

Total Issue Size 1,335,850 Convertible Zero Coupon Bonds of Tk. 1,000 each totaling Tk. 1,335,850,000.

Private Placement 801,510 Convertible Zero Coupon Bonds of Tk. 1,000 each Total Tk. 801,510,000.

Public Offering 534,340 Convertible Zero Coupon Bonds of Tk. 1,000 each Total Tk. 534,340,000.

Listing Date 15/03/2010

Trading Date 22/03/2010

Issue Price per lot Tk. 3,743.00

Face Value per lot Tk. 5,000.00

Market lot (Bonds) 5

Public Offer (lots) 106,868

Manager to the Issue Alliance Financial Services Limited

Website www.aci-bd.com



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Initial Public Offers 2010

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