Its fortune is tied to Bangladesh’s development ambitionsThe stock market can brace itself for yet another solid company after Robi and Energypac: Mir Akhter Hossain. “Mir Akhter has been leveraging its broad spectrum of capabilities and strengths to implement large scale government and private construction projects,” the report said. Which is why it plans to raise Tk 125 crore from the stock market to ramp up its capacity. The cut-off price of shares in Mir Akhter has been set at Tk 60 each after bidding by eligible institutional investors. IDLC Investments will act as the issue manager of Mir Akhter’s IPO, which got the approval from the stock market regulator on November 5.

Source: Dhaka Tribune December 14, 2020 18:11 UTC