ADN Telecom signs deal with ICB Capital Management

ADN Telecom Limited, one of the leading IT and telecommunication service providers in Bangladesh, has decided to raise capital from the share market for business expansion.

Staff Correspondentbdnews24.com
Published : 13 June 2016, 06:41 PM
Updated : 13 June 2016, 06:41 PM

It has signed a deal with ICB Capital Management Limited (ICML) to issue its share through IPO under the Book Building method.

A media release from ICML on Monday said ADN Chairman and Managing Director Asif Mahmood and ICB Managing Director Md Iftekhar-uz-Zaman were present at the signing ceremony on June 5.

The other officials who attended the programme included ADN Chief Finance Officer Md Enayet Hossain, Company Secretary Md Monir Hossain, ICML CEO Md Mofizur Rahman and Deputy CEO Mojibur Rahman Khan.