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The IPO shares of Asiatic Laboratories have been allotted on a pro-rata basis among common investors through the Stock Exchange Electronic Subscription System (ESS).
Dhaka Stock Exchange PLC (DSE) Chief Financial Officer and Chief Operating Officer (In-Charge) AGM Sattique Ahmed Shah, Chittagong Stock Exchange representative Tania Begum attended the share allocation ceremony at the listing hall of DSE Tower located at Nikunj-2 in the capital on Thursday (22 February).
Besides, Managing Director of Asiatic Laboratories Monir Ahmed, Executive Director Maksud Ahmed and senior officials of the institutions were also present there.
Later, DSE’s Senior Manager of Listing Affairs Snehashish Chakraborty confirmed the allotment of shares among investors on pro-rata basis.
Some 394,71,04,700 applications were submitted for the investors of the company against a total of Tk 95 crore, which is 4.16 times against each share.
Resident Bangladeshi investors were allotted 86 shares and non-resident Bangladeshi investors were allotted 143 shares against every application of Tk 10,000.
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