Application for master feed starts on 12th September

Staff Reporter: Master Feed Agrotech Limited, which has approved the Qualified Investors (QI) offer on the capital market SME platform, has set a date for accepting applications. The acceptance of the company’s application will start on September 12 and will continue till September 18.

According to company sources, the company’s QI offer proposal was approved at the 64th commission meeting of the Bangladesh Securities and Exchange Commission (BSEC) on July 14.

According to BSEC sources, Master Feed QI will raise Tk 10 crore by selling 1 crore shares at a face value of Tk 10. This money the company will spend on the bank’s working capital and QI offer.

The company’s earnings per share for the year ended December 31, 2020 was 8 paise. Excluding revaluation reserves, the net asset value per share is Tk 14.6.

NBL Capital and Equity Management Limited and Asian Tiger Capital Partners Investments Limited are the issue managers of the company.

Source: Daily StockBangladesh by

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