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Mir Akhter’s share bidding begins September 27

Price-bidding for eligible investors (EIs) to fix the cut-off price of shares of Mir Akhter Hossain Ltd, a construction company, will commence from September 27.

The construction and engineering company’s price bidding through electronic subscription system (ESS) of the exchanges will be continued until 5:00pm on September 30, according to an official disclosure on Wednesday.

The valuation report submission period for eligible investors through electronic subscription system will start at 10:30am on October 1 and continue until 10:30am on October 5, said the disclosure.

Only the eligible investors can participate to explore the cut-off price of the company’s shares under the electronic bidding process.

Each eligible investor who intends to participate in the electronic bidding for the company’s shares shall maintain a minimum investment of Tk 10 million in listed securities as on the end of September 17 as per the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015.

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