It will continue until February 8The subscription for National Polymer's Tk 54.7 crore rights share issue is set to begin on January 24. A rights offering is effectively an invitation to existing shareholders to purchase additional new shares in the company. Earlier on December 15, the Bangladesh Securities and Exchange Commission (BSEC) approved National Polymer’s rights offering application. AAA Finance and Investment will act as the issue manager of National Polymer’s right issue. The company logged in a profit of Tk 15 crore for its 2019-20 financial year, down 18.1 per cent year-on-year.
Source: Dhaka Tribune December 20, 2020 18:40 UTC