Dhaka, Bangladesh (BBN) - The subscription of Popular Life First Mutual Fund starts on Sunday.
The subscriptions of the closed-end Mutual Fund with a tenure of 10 years ends August 26 this year. The Non-Resident Bangladeshi will be allowed till September 4.
The Face Value is BDT 10.00 per unit with market lot of 500 Units. The Sponsor's Portion (Units) 20,000,000, Pre IPO Placement Portion (Units) 80,000,000, Public Offer (Units) 100,000,000 and Size of the Fund (Units) 200,000,000.
BBN/SI/AD-22 Aug10-12:01 am (BST)
