Western Marine Shipyard Limited
Nature of business
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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.
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Reason for IPO
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Proceeds from initial public offering (IPO) will be used for Loan Repayment (82.64%), Infrastructure Development (15.87%) and IPO processing expenses (1.49%)
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Subscription open
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10 Aug 2014
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Subscription close
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14 Aug 2014
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Subscription close for NRB
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10 Aug 2014
to 23 Aug 2014
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Offer price
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Tk. 35.0
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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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100 units
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Single lot price
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Tk. 3500.0
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EPS
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Tk. 2.09 for the year ended on June 30, 2013
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NAV
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with revaluation surplus Tk. 40.27as on June 30, 2013 without revaluation surplus Tk. 29.21 as on June 30, 2013
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Public offer
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Major product
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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
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Issue Manager
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Prime Finance Capital Management Limited ICB Capital Management Limited EC Securities Limited
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Website
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www.wms.com.bd
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