Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 31 Sun. June 27, 2004  
   
Business


SEC approves EXIM Bank's prospectus


The Securities and Exchange Commission (SEC) yesterday granted permission to EXIM Bank Limited to float initial public offerings (IPO), sources at the SEC said.

A total of 40.80 lakh primary shares valued at Tk 40.80 crore will be released for general investors at a face value of Tk 100.

The regulatory body, which gave the approval at a Commission Meeting, will officially inform the bank about the decision soon.