Home ›› 24 Sep 2020 ›› World Biz
The Bangladesh Securities and Exchange Commission (BSEC) has approved a non-convertible, redeemable, unsecured, zero-coupon bond worth 100 crore taka (at face value) only under private placement in favour of Aamra Networks Ltd.
The regulatory body gave the approval at its 741st commission meeting held on Wednesday.
Denomination size of the bond is 1000 taka each and one lot is 1 crore taka.
The information was confirmed on the website of the Dhaka Stock Exchange (DSE).
Tenure of the bond will be five years.
The redemption type of the bond is semi-annual and the purposes are -- networking system upgradation and expansion, repayment of loans and working capital requirement.
