The New Nation - Internet Edition

Staff Reporter

Lottery for Repeat Public Offer (RPO) of Mudaraba Perpetual Bond of Islami Bank Bangladesh Ltd was held yesterday at Bangladesh China Friendship Conference Centre in the city.

Foreign & Local Directors and Executives of the Bank including Prof. Abu Nasser Muhammad Abduz Zaher, Chairman, Board of Directors, Fariduddin Ahmad, Executive President, and Shouqat Ali, Executive Vice President and Company Secretary along with the representatives of Securities and Exchange Commission, Dhaka Stock Exchange and Chittagong Stock Exchange were present at the lottery function.

This lottery function was conducted by the Professors of Bangladesh University of Engineering & Technology in the presence of the applicants.

Islami Bank Bangladesh Limited offered applications for Repeat Public Offer (RPO) of Mudaraba Perpetual Bond worth Tk 150 crore. In response to the above mentioned Bond total Tk 324 crore and 84 lakh was submitted by applicants while the total number of applications were 5,24,196 and after the lottery the Bond of Tk. 150 crore allotted among the applicants.