Walton to hold IPO road show on Jan 15

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Business Desk :
Walton Hi-Tech industries Limited (WHIL) is going to hold a road show for eligible institutional investors on January 15, 2019 as the company intends to go public, says a press release.
The road show will be held at 6:30 pm at Walton Corporate Office at Bashudhara Residential Area, Plot No: 1088, Block-I, Road No: Sabrina Sobhan 5th Avenue, Vatara in the capital, where eligible institutional investors will get detail information about the company according to the rules of Public Issue 2015 of the Bangladesh Securities and Exchange Commission.  
The electronics manufacturer aims at collecting Tk 1 billion from the capital market through initial public offering using the book building method for conducting the activities of factory’s expansion, modernization, research and development, repaying partial bank loans and meeting IPO expenses.
As of July to September of the current fiscal year 2018-19, the company registered its EPS (Earning Per Share) and NAV (Net Asset Value) at Tk 10.41 and Tk 208 respectively.
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