Tung Hai Knitting & Dyeing Limited
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Nature of business
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The Company is 100% deemed exporter, mainly engaged in the business of Dyeing, Knitting and Bleaching of Yarn for use in the export of sweater and export oriented garments.
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Reason for IPO
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Net Proceeds from IPO will be used for Bank term loan pay-off (45.71%), Capital investment (33%) and working capital purpose (15.34%).
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Subscription open
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18 May 2014
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Subscription close
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22 May 2014
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Subscription close for NRB
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18 May 2014
to 31 May 2014
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Offer price
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Tk. 10.0
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Face value per share
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Tk. 10.0
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Market lot
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500 units
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Single lot price
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Tk. 5000.0
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EPS
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Tk. 1.39 for the year ended on December 31, 2013
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NAV
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Tk. 15.11 for the year ended on December 31, 2013
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Public offer
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Major product
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The company has two major products: 1. Dyed Yarn from dyeing section 2. Sweaters knitted from knitting section
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Issue Manager
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AFC Capital Ltd. and Imperial Capital Ltd.
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Website
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www.tunghaikdl.com
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