Economic Reporter :
The public subscription of Express Insurance is set to begin on April 13 for raising a fund worth Tk 260.79 million from the public.
The Initial Public Offering (IPO) subscription for shares by the eligible investors through electronic subscription system of the insurer will continue until April 20.
The securities regulator– Bangladesh Securities and Exchange Commission approved the IPO proposal of the company on February 18, this year.
As per the approval, the insurer will offload more than 26.07 million ordinary shares at an offer price of Tk 10 each under the fixed price method.
