MJL’s IPO lottery draw Monday

Dhaka, Bangladesh (BBN)– The draw of initial public offering (IPO) lottery of Mobil Jamuna Lubricants (MJL) will be held on January 31 at the Banghabandhu International Conference Centre in Dhaka.

The IPO lottery draw will start at 10:00 am as per regulator’s consent, officials said, adding that fresh schedules of distribution of refund warrants will be announced in time.

The offer price of the MJL’s share is BDT 162 and the company has collected about BDT 25 billion against its IPO worth BDT 6.1 billion.

BBN/SI/AD-28Jan11-2:41 pm (BST) 

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