Hwa Well Textiles Limited IPO Application Forms and Prospectus. The SEC has approved the Hwa Well Textiles Ltd – www.hwawelltex.com. IPO of Bangladesh. Hwa Well Textiles initial public offering (IPO) approved and Application Forms and Prospectus has given publicly.
Hwa Well Textiles Limited IPO Application Forms and Prospectus
Hwa Well Textiles Ltd IPO approved by The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday in Dhaka. The Bangladesh Securities and Exchange Commission approved the IPO of Hwa Well Textiles (BD) Ltd to increase finance worth Taka 20 crore. This money will be used for the Hwa Well Textiles Limited Company’s business development.
The BSEC chairman M Khairul Hossain issued approval in a regular commission meeting presided over. Hwa Well Textiles limited will drift 2 crore normal shares through the initial public offering (IPO) at an issue price of Taka 10 each share.
Hwa Well Textiles Ltd will be apply the IPO fund to purchase machinery, build new factory building, land including development, change the existing machinery and meet up the IPO expenses. Hwa Well Textiles Limited showed earning per share of Tk 3.66 and net asset value per share at Tk 28.25, according to its annual statement for the year ended on June 30, 2013.
Hwa Well Textiles Limited Application Form and IPO subscription Information’s:
Subscription Start: 17th February 2014
Subscription End: 23rd February 2014
Subscription period for NRB: 17th February to 04th March 2014
Hwa Well Textiles Limited IPO subscription detail will be available as early as soon.
Hwa Well Textiles IPO Download Application Form:
So to get All IPO result and news please visit our website daily NAV per share: Tk. 19.10 without revaluation and Tk. 28.78 including revaluation as on June 30, 2013 and EPS: Tk. 3.66 for the year ended on June 30, 2013. Single lot price: Tk. 5000.00.
Hwa Well Textiles Company Address:
Kashore, Habirbari Union-10, Bhaluka, Mymenshingh
Head Office: Eastern Nibash, House#138, Flat # 402, Gulshan Avenue, Dhaka-1212
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