MERCANBANK Issuing Subordinated Bond and sale intention of shares of IDLC - Share market analysis of dhaka stock exchange, Bangladesh
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
17 August, 2017 10:38 AM Source: Dhaka Stock Exchange

The Company has informed that the Board of Directors has decided to issue fully redeemable Non-Convertible 7 years Floating Rated Subordinated Bond (Mercantile Bank 2nd Subordinated Bond) of Tk. 300.00 crore to meet capital requirement under Basel-III subject to approval from the concerned Regulatory Authorities. The Board has also expressed its intention to sell 37,70,508 shares out of its total holding of 2,82,78,807 shares of IDLC Finance Limited at the prevailing market price (in the Public/Block Market) through Stock Exchange within next 30 Working Days.

 

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login
Advanced Charts
Market Map
Real-Time Market Watch
Order Book Data
Stock Screener
LankaBangla Client Login
CSE iTrading
DSE iTrading

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2013

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?