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Article: Beximco Pharma issues another UK[pounds sterling]6.5m GDR in London to diversify products.
- Article from:
- UNB - United News of Bangladesh
- Article date:
- June 3, 2006
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Dhaka, June 3 (UNB) - Beximco Pharmaceuticals Limited (BPL) has raised
UK[pounds sterling]6.5 million from London Stock Exchange (LSE) to add two complete OSD lines, diversify its product range and increase market penetration.
The country's leading drug manufacturer raised the fund through issuance of 8,175,750 global depository receipts (GDRs) on Thursday at 80 pence per GDR, each representing one ordinary share of Tk 10 each, said a corporate release today (Saturday).The newly issued GDRs have been admitted for trading on Thursday on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). It was the second ...