STS Holdings signs issue management deal with IDLC
STS Holdings Limited has signed an issue management agreement with Industrial Development Leasing Company (IDLC) of Bangladesh Limited for its forthcoming initial public offering (IPO) to fund the Apollo Hospitals Project.Khondoker Monir Uddin, managing director of STS Holdings, and Anis A Khan, CEO and managing director of IDLC, signed the agreement on behalf of their companies in Dhaka Monday, says a press release. Farhad F Ahmad, chief operating officer, and Md Giash Uddin, chief financial officer of STS, Yongbok Jo, deputy managing director, Arif Khan, general manager, and Mahmudul Bari, assistant general manager of IDLC, were also present.
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