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DSE to hold 'Mock' test of electronic subscription system Sept 4

FE Online Report | Published: September 01, 2017 14:16:59 | Updated: October 23, 2017 08:17:08


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Dhaka Stock Exchange (DSE) has informed that a mock test of electronic subscription system (ESS) under fixed price method for registered eligible institutional investors will be held on September 4 between 10:00am to 3:30pm.

DSE has requested all eligible institutional investors to participate in the test for successful 'Go-Live' of the electronic subscription system under fixed price method.

Electronic subscription system under fixed price method has been developed as per amendment of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015.

As per the latest amendments, all eligible institutional investors have to apply for all IPOs at fixed price method from now through new electronic subscription system of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)

Meanwhile, IPO subscription  of Oimex Electrode will be launched through electronic subscription system, as per the latest amendments to the Bangladesh Securities and Exchange Commission (Pubic Issue) Rules, 2015, which was gazetted on 6th July, 2017.

The initial public offering (IPO) subscription of Oimex Electrode will begin on Tuesday  (September 5), which will raise Tk 150 million from the public under the fixed price method.

-bb/rmc


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