Business Desk :
Islami Commercial Insurance Company Limited (ICICL) intends to raise paid up capital for complying its statutory requirement of Insurance Act 2010. In this regard, ICICL appointed issue Mangers for their forthcoming public Issue. Accordingly, ICICL signed issue management agreement with Prime Finance Capital Management Limited, ICB Capital Management Limited and EC Securities Limited at Corporate head office in the capital recently, said a press release. On the Occasion of signing ceremony, On behalf of Islami Commercial Insurance Company Limited (The Issuer), Mr. Mir Nazim Uddin Ahmed, Chief Executive Officer of the Company, and on behalf of The Issue Managers, Mr. Md. RezaulHauqe, Managing Director of Prime Finance Capital Management Limited,Mr. Asit Kumar Chakravorty, Chief Executive Officer of ICB Capital Management Limited, andMr. Md. Khurshid Alam, Chief Executive Officer of EC Securities Limited,signed the issue management agreement. Among others,on behalf of the Issuer,Ms. NusratJahan (Tania), Director of ICICL, Mr. Moinul Ahsan Chowdhury, Deputy Managing Director and Chief Financial Officerand Mr. Md. Akhtaruzzaman, Assistant Managing Director and Company Secretary of the Company were also present on the occasion.
On behalf of The Issue Managers,Mr. Mohammad Rajibul Islam, Senior Assistant Vice President & Head of Issue Management of Prime Finance Capital Management Limited, Ms. Swapna Roy, Senior Executive Officer of ICB Capital Management Limited, Mr. FazlulHaque, Executive Officer of ICB Capital Management Limited, and Mr. Shubra Paul ACA, General Manager (Audit) of Islam AftabKamrul& Co., Chartered Accountants were also present in the signing ceremony.
