Digicon Technologies going public to expand business

Digicon Technologies Limited is going to issue shares through the IPO (Initial Public Offering) in an attempt to raise funds to expand and diversify its business.

News Deskbdnews24.com
Published : 25 March 2018, 03:37 PM
Updated : 25 March 2018, 03:37 PM

A tripartite agreement was signed between Digicon Technologies Limited, ICB Capital Management Limited (ICML) and Janata Capital and Investment Limited (JCIL) as issue management service providers on Mar 18, Digicon said in a media release.

Wahidur Rahman Sharif, Managing Director, Digicon, Md Sohel Rahman, Chief Executive Officer, ICML and Dina Ahsan, Chief Executive, JCIL signed the agreement.

Kazi Sanaul Hoq, Managing Director, ICBL was also present at the signing ceremony.

Azmal Haque Azim, Director, Digicon, Mostofa Kamal ACA, CFO, Digicon, Abul Basher Md Ad Abdul Hannan, DGM, JCIL and Shafiul Alam, Deputy CEO, ICML, among other high officials from these companies, were also present.

About the plan to float the IPO, Digicon MD Sharif said, “Digicon’s goal has always been to create jobs for the youth and contribute to the economic development of the country.

“We believe that participating in the IPO will help us achieve these goals,” he added, thanking ICML and JCIL for their support.

“We are very proud to officially participate in the share market of Bangladesh,” he said.