Robi starts move to get listed, IPO application submit to BSEC

|| Published: 2020-03-02 17:43:47 || Updated: 2020-03-02 17:43:47

Telecom operator Robi Axiata Ltd has summited application for listing to the stock market regulator Bangladesh Securities and Exchange Commission (BSEC), sources says.

The company will raise around Tk 500 crore from the capital market through an initial public offering (IPO).
Robi Axiata Ltd, a subsidiary of the Malaysia-based Axiata Group, has recently signed a memorandum of understanding with IDLC Investment Limited to appoint it as issue manager to the IPO.

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