The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) completed the listing process of Mobil Jamuna Lubricants (MJL) Bangladesh on 22 June, 2011. The company will make debut at DSE and CSE on 26 June, 2011.DSE director’s Ahmad Rashid Lali said," The listing procedure of MJL Bangladesh on the bourses was completed Wednesday paving the way for making debut on Sunday at the DSE and CSE."
"As the company slashed the indicative price to the BDT 115 per share and completed its refund warrant process to the investors within 20 June in this year, we gave final approval of listing of the company," Fakhor Uddin Ali Ahmed, President of the CSE told.
Mobil Jamuna Lubricants (MJL) Bangladesh raised money from the investors at an indicative price of BDT 152.40 under book building method in early January of this year floating 40 million ordinary shares worth BDT 10 each.
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