Premier Cement to start trading Sunday

Last updated: March 1, 2013

Dhaka, Bangladesh (BBN): Share trading of Premier Cement Mills and will commence at Dhaka Stock Exchanges (DSE) and Chittagong Stock Exchange (CSE) Sunday (March 3) under ‘N’ category, officials said.

The IPO subscription of Premier Cement Mills was held on December 17 to December 23, 2012.

Premier Cement Mills raised a fund worth BDT 264 million through issuance of 12 million ordinary shares to public, of BDT 10 each at an offer price of BDT 22 including a premium of BDT 12. A market lot is 200 shares.

According to its 2010-2011 financial statement, the earning per share of Premier Cement was BDT 4.05.

The company manufactures ordinary portland cement and portland composite cement under “PREMIER CEMENT” brand and marketing the same in local and abroad.

BBN/BB/AD/01Mar-13-6.15pm (BST).

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