SEC Quarterly Review 

Oct-Dec 2001 


CORPORATE   FINANCE 

   The  Commission has accorded  consent  for  publication  of  prospectus  to   3(three) companies   during

October- December 2001, the particulars  of    which  are furnished  below :

                                                                                                                                                                                     Amount in Million Taka

Name of the

Company            

          

Date of            Approval &

Date of   Publication

        Sponsors Equity

                            Public Equity

 Remarks    (Issued at

   Par or

 Premium)

 Local

  Foreign

Total

 General Public

   Foreign        

 Placement

    Local

 Placement   

   Total

Metro Spinning Ltd.

25.10.01

28.10.01

30.00

--

30.00

15.00

--

15.00

30.00

At par

Fine Foods Ltd.

26.12.01

27.12.01

38.00

--

38.00

15.00

--

17.00

32.00

At par

Modern Cement Ltd.

31.12.01

01.01.02

73.223

--

 72.223

40.00

10.00

50.00

100.00

 At par

Total

 

141.223

--

   141.223

70.00

10.00

82.00

   162.00

 

 

 Particulars of the issues for which the Commission accorded consent for raising capital through issuance of share & debenture during October- December 2001
Listed company

                 Sl no.

  Name of the             company

Number

 of Shares/

  Debenture

 Face Value        (Taka)

Total Taka

   (million)

Date of approval

  Issued at

Type of      Share/    Debenture

1.

 British American Tobacco (BD) Co.

  Ltd.

20,000,000

10

200.00

09/10/01

Par

      50%

bonus share

2.

 IFIC bank Ltd.

--

100

41.903

09/12/01

Premium

15% bonus share (1997)

3.

 IFIC bank Ltd.

--

100

48.188

09/12/01

Premium

 15% bonus share (1998)

 4.

 IFIC bank Ltd.

--

100

36.944

09/12/01

Premium

 10% bonus share (1999)

5.

 Bangladesh Services Ltd.

--

10

675

20/12/01

Premium

 25% bonus  share

 

Unlisted company

Sl. No

Name of the company

Number of   Shares/

debenture

 Face Value      (Taka)

Total Taka

   (million)      

Date of approval

   Issued at

     Type of

       shares

1.

United Fiber Industries Ltd

6,900,000

100

690

24/10/01

    Par

 Ordinary

     share

2.

Premier Leasing International Ltd.

10,000

100

1

09/10/01

   Par

 Ordinary

     share

3.

Delta Brac Housing

800

100

2,000

28/10/01

  Premium

       @   249,900

  per share

Redeemable Preference     share

 

                       List of  companies which held Annual General Meeting (AGM)

                                               during  October-December 2001

                                                       October-2001

Sl. No.

Name of the Company

AGM held on

Declared Dividend %

01

Bangladesh Services Ltd

6 October

25 (Bonus)

02

Purabi General Insurance Co. Ltd

20 October

12

03

Sandhani Life Insurance Co. Ltd

20 October

12

04

Investment Corporation of Bangladesh

31 October

7

05

ICB 1st Mutual Fund

31 October

170

06

ICB 2nd Mutual Fund

31 October

40

07

ICB 3rd Mutual Fund

31 October

45

08

ICB 4th Mutual Fund

31 October

38

09

ICB 5th Mutual Fund

31 October

23

10

ICB 6th Mutual Fund

31 October

17

11

ICB 7th Mutual Fund

31 October

14

12

ICB 8th Mutual Fund

31 October

13

 

                                                                       November-2001

Sl. No.

Name of the Company

AGM held on

Declared Dividend %

01

Uttara Bank Ltd.

1 November

Nil

02

Stylecraft Ltd.

3 November

25

03

Zeal Bangla Sugar Mills Ltd.

6 November

Nil

04

Federal Insurance Co. Ltd

10 November

12

05

Pubali Bank Ltd.

10 November

25 (Bonus)

06

GMG Industrial Corporation Ltd.

14 November

Nil

07

Saleh Carpet Mills Ltd.

15 November

Nil

 

December–2001

Sl. No.

Name of the Company

AGM held on

Declared Dividend %

01