Dhaka, Bangladesh (BBN)- Marico Bangladesh Limited (MBL) held a lottery for allotment of shares at Bangabandhu International Conference Center in Dhaka on Saturday.

MBL has, through this lottery, allotted 29,97,750 ordinary shares to General Public, NRBs and Mutual Funds and 152,250 shares to its employees, the company said.

Refund warrants of unsuccessful applicants and allotment letters will be distributed from September 1 to September 5 at Dhaka Zila Krira Sangstha and AGB Colony Community Center.

The issue was oversubscribed by more than 11 times when the subscription closed on August 10 last.

The results of the lottery can be seen on MBL’s official website- www.maricobd.com; and also on the official websites of IDLC Finance Limited (w-vvw.idlc.com), Equity Partners Limited (www.eplbangladesh.com), DSE (www.dsebd.org), CSE (www.csebd.com) and SEC (www.secbd.org).

BBN/SS/SI/AD-30August09-12:40 am (BST)