Digicon issues IPO to expand its business
Digicon Technologies Limited has decided to issue its share through IPO (Initial Public Offering) for business expansion and diversification. In this regard, a tri-party agreement has been signed between Digicon Technologies Limited, ICB Capital Management Limited (ICML) and Janata Capital and Investment Limited (JCIL) as issue management service providers on March 18th, 2018. In the presence of Mr Kazi Sanaul Hoq, Managing Director, ICB; Mr Wahidur Rahman Sharif, Managing Director, Digicon Technologies Limited; Mr Md. Sohel Rahman, Chief Executive Officer, ICML and Ms Dina Ahsan, Chief Executive, JCI signed the agreement on behalf of their respective companies. High officials from these companies were also present at the ceremony, including Mr Azmal Haque Azim, Director, Digicon; Mr Mostofa Kamal ACA, CFO, Digicon; Mr Abul Basher Md. Ad. Abdul Hannan, DGM, JCIL and Mr Shafiul Alam, Deputy CEO, ICML.
Regarding the participation in the IPO, Managing Director of Digicon Technologies Limited, Mr Wahidur Rahman Sharif, said, "Digicon's goal has always been creating jobs for the youth and contributing to the economic development of the country. We believe that participating in the IPO will help us achieve these goals. We thank ICB Capital Management Limited and Janata Capital and Investment Limited for standing with us and are very confident in our IPO with them by our side. We are very proud to officially participate in the share market of Bangladesh."
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