Dhaka Tuesday, 26 January, 2010
Star Business Desk
Trust Bank First Mutual Fund will make trade debut tomorrow and Prime Bank ICB AMCL First Mutual Fund on February 2.
The Dhaka Stock Exchange (DSE) at a board meeting yesterday approved the listing of the two closed-end mutual funds and set the dates of their trade debut.
The size of the 10-yearly Trust Bank First Mutual Fund is Tk 200 crore, of which sponsors funded Tk 40 crore, while Tk 120 crore was raised through pre-IPO private placement and the rest Tk 40 crore through IPO (initial public offering). Per unit price of the fund is Tk 10.
The Tk 100-crore Prime Bank ICB AMCL First Mutual Fund is also a 10-yearly one. Sponsors funded Tk 20 crore, while Tk 40 crore came through pre-IPO private placement and Tk 40 crore from IPO. Its unit price is Tk 10 each.
|
