Western Marine Shipyard Limited

Nature of business The principal activities of the Company are to establish, build, erect, construct shipyard, dockyard, slipway, workshop on its own land, purchase or otherwise undertake ownership/management of shipyard, dockyard, slipway, workshop etc. in order to carry on the business of shipbuilding and repairing.
Reason for IPO Proceeds from initial public offering (IPO) will be used for Loan Repayment (82.64%), Infrastructure Development (15.87%) and IPO processing expenses (1.49%)
Subscription open 10 Aug 2014
Subscription close 14 Aug 2014
Subscription close for NRB 10 Aug 2014 to 23 Aug 2014
Offer price Tk. 35.0
Face value per share Tk. 10.0
Market lot 100 units
Single lot price Tk. 3500.0
EPS Tk. 2.09 for the year ended on June 30, 2013
NAV with revaluation surplus Tk. 40.27as on June 30, 2013 without revaluation surplus Tk. 29.21 as on June 30, 2013
Public offer
Major product The products of Western Marine Shipyard Limited are Ocean Going Multi Purpose Vessel, Passenger Vessel & Boat, Oil Tanker, Fishing Trawler, Dredger, Ro-Ro Ferry, Pontoon
Issue Manager Prime Finance Capital Management Limited ICB Capital Management Limited EC Securities Limited
Website www.wms.com.bd

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