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| Mobil Jamuna Lubricants |
The securities regulator further allowed MJL
Bangladesh two weeks more time to be listed with the bourses On Wednesday, 18 May,
2011.
The regulator granted the extension as the
company authorities earlier applied to the regulator seeking four weeks more
for the purpose which is informed by An official of the SEC.
Since, the bourses refused to accept their listing proposal due to overpriced. Hence, the MJL authorities failed to meet the deadline.
Under the book building system, MJL Bangladesh
offloaded 40 million shares with an offer price of Tk 152.40,
including a premium of Tk 142.40 each, against Tk 10.
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