Ibn Sina Trust to sell off IBBL shares

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Staff Reporter :
Ibn Sina Trust on Thursday announced sell off all the holdings in Islami Bank Bangladesh Limited (IBBL).
Currently, it is currently holding 2.24 percent of the total shares of the bank.
Ibn Sina Trust, a sponsor shareholder of the bank, is will sell 3.60 crore shares within the next 30 business days at the existing market rates through Dhaka Stock Exchange and Chittagong Stock Exchange. The shares will be traded on the block market, according to Dhaka Stock Exchange (DSE).
In October last year, Bangladesh Islamic Center, the corporate sponsor of Ibn Sina Trust, sold one lakh share of the bank.
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