Saturday, April 24, 2010

United Airways (BD) Limited

United Airways (BD) Limited
(Subscription Open: 16.05.10, Close: 20.05.10 )

  1. Nature of Business: The principle activities of the company is to hire, purchase, and lease of aircraft for the purpose of carrying passengers provide air transport including cargos, mail, charter and training (basic and commercial) both locally & internationally.
  2. Subscription Open: May 16, 2010
  3. Subscription Close: May 20, 2010
  4. For Non-Resident Bangladeshi: May 16, 2010 to May 29, 2010
  5. Reason for IPO: The Company intends to utilize the net proceeds for expanding the era of aviation service by United Airways (BD) Limited to different international destinations like London, Jeddah, Singapore, Kualalampur, Katmandu, Gatwick, Manchester and Birmingham from Dhaka and Sylhet.
  6. Offer Price Per Share: Tk. 100.00
  7. Face Value Per Share: Tk. 100.00
  8. Market Lot (Share): 50
  9. Pre-IPO Paid-up Capital: Tk. 1,000,000,000.00
  10. Public Offer (Share): 10,000,000
  11. Total Issued Shares (after IPO): 20,000,000
  12. Total Paid-up Capital (after IPO): Tk 2,000,000,000.00
  13. EPS (as per Prospectus): Tk. 9.48 (as on 30.06.2009) Tk. 5.74 (as on 31.10.2009) (For 4 months)
  14. NAV Per Share (as per Prospectus): Tk. 101.58 (as on 31.10.2009)
  15. Manager to the Issue: AAA Consultants & Financial Advisers Ltd.
  16. Application Document Available at: DSE & CSE Library, DSE Members House, Issue Manager, Underwriter and Designated Banks.
  17. Website: www.uabdl.com

Monday, April 19, 2010

Malek Spinning Mills Limited

(Subscription Open: 06.06.10, Close: 10.06.10)

At A Glace Malek Spinning Mills Limited:
  1. Nature of Business: Production and sale of combed and carded yarn.
  2. Subscription Open: June 06, 2010
  3. Subscription Close June 10, 2010
  4. For Non-Resident Bangladeshi: June 06, 2010 to June 19, 2010
  5. Reason for IPO: The Company intends to utilize the net proceeds for implementation of PET Granules & Polyester Staple Fibre project under the name of NewAsia Synthetics Limited and in acquiring part of the fixed assets and meeting other expenses of the project.
  6. Offer Price Per Share: Tk. 25.00 (including premium of Tk. 15.00)
  7. Face Value Per Share: Tk. 10.00
  8. Market Lot (Share): 500
  9. Pre-IPO Paid-up Capital: Tk. 1,200,000,000.00 (as on 29.10.2009)
  10. Public Offer (Share): 40,000,000
  11. Total Issued Shares (after IPO): 160,000,000
  12. Total Paid-up Capital (after IPO): Tk 1,600,000,000.00
  13. EPS (as per Prospectus): Tk. 2.70 (as on 30.06.2009) Tk. 0.68 (as on 30.09.2009) (for 3 months).
  14. NAV Per Share (as per Prospectus) (as on 30.09.2009): Tk. 34.71 (considering re-valuation reserve) Tk. 18.94 (without re-valuation reserve)
  15. Managers to the Issue: a. Grameen Capital Management Limited, b. Prime Finance & Investment Limited, c. ICB Capital Management Limited, d. Swadesh Investment Management Limited, e. Mercantile Securities Limited
  16. Application Document Available at: DSE & CSE Library, DSE Members House, Issue Managers, Underwriter and Designated Banks.
  17. Website: www.malekspinning.com