Bangladesh's Beximco Sukuk IPO subscription time extended till Sept 6
Published 24 Aug,2021 via The Financial Express - Beximco's Sukuk Bond IPO subscription for Tk 7.50 billion has been extended till September 6 as the bond received a lukewarm response from investors in the first phase.
In the first phase, the initial public offering subscription for the country's largest private Sukuk bond started on August 16 and ended on August 23.
The bond was subscribed to only 7.42 per cent in the first phase. The offer received bids worth Tk 556.16 million from the 71 institutional investors, according to the Dhaka Stock Exchange (DSE).
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The Financial Express