Dhaka, Bangladesh (BBN)– BRAC EPL Investments Limited has recently signed an agreement with HP Chemicals Limited for providing issue management and corporate advisory service for the forthcoming IPO of the company.

BRAC EPL Investments managing director and chief executive officer Khaled Farazi and HP Chemicals managing director M Hafizur Rahman signed the agreement on behalf of their respective organizations.

HP Chemicals Limited is a hydrogen peroxide manufacturing company operating in the country since 2005. The company is planning to raise about BDT 600 million from the local capital market through IPO under fixed price method, a press statement said.

BBN/SSR/SI-06Oct10-11:02 am (BST)