Category: IPO News

February 7, 2022
By : Abu Yousuf

Lub-rref (Bangladesh) Ltd. has been upgraded to “A” category from “N” in the share market.

From last Sunday (February 8), Lub-rref Bangladesh has started to trade in the 'A' category in the stock exchange market. After reviewing the financial statements for the financial year ended on June 30, 2021, the Board of Directors of the company paid a 10% cash dividend to the shareholders. As a result, the company has been upgraded from 'N' to 'A' category. News link: Banik
October 21, 2020
By : Abu Yousuf

Status of bidding of shares of Lub-rref (Bangladesh) Limited.

It is our pleasure to inform you that the electronic bidding of Lub-rrel (Bangladesh) Limited through the Electronic Subscription System (ESS) by the eligible investors has been successfully completed. Based on the bidding of eligible investors, the cut-off price of ordinary shares of Lub-rrel (Bangladesh) Limited was determined at BDT 30.00 (Thirty) only. For more information please check the following link: https://lub-rref.com/Bidding%20Results%20Report%20Letter.pdf

October 6, 2020
By : Abu Yousuf

BNO Lubricants’ Press Meet 2020

In a bid to make Bangladesh self-reliant on lubricant production, Lub-rref (Bangladesh) Ltd., a local producer of lube oil, will set up State-Of –The-Art Base Oil Refinery with an investment of Tk. 400 crore to increase production capacity to meet domestic demand.  Lub-rref (Bangladesh) Ltd. also wants to export after meeting the domestic demands as the global demands are rising driven by the growth of
September 29, 2020
By : Abu Yousuf

Fixation of bidding period to determine the cut-off price and other allied issues.

Please refer to your letter No. Lub-rref/IPO/2020/DSE/06 dated September 06, 2020 and subsequent correspondence regarding the above. We would like to inform you that the bidding period for Eligible Investors to determine the cut-off price of shares of your company through Electronic Subscription System (ESS) of the Exchanges will commence from 5:00 p.m. on October 12, 2020 and will continue till 5:00 p.m. on October

September 29, 2020
By : Abu Yousuf

Consent to commence electronic bidding by the eligible institutional investors to determine the cut-off price of ordinary shares of Lub-rref (Bangladesh) Limited.

This refers to your application dated 19 .08.20 I 8 and subsequent submission of revised draft prospectus and other documents concerning the above subject. The Commission hereby accords its consent under section 2A, sub-sections (2)(a) and (2)(b ), read with section 2B of the Securities and Exchange Ordinance, 1969 and the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015, based on documents and information

September 29, 2020
By : Abu Yousuf

NOTICE FOR ELECTRONIC BIDDING.

This is for the kind information of all concerned that Bangladesh Securities and Exchange Commission (BSEC) has accorded consent vide letter no. BSEC/CI/BB-14/2018/189, dated September 03, 2020, for the commencement of Electronic Bidding by the Eligible Investors (Els) to determine the Cut-Off price of Ordinary Shares of Lub-rref (Bangladesh) Limited under the Book-building Method. Subsequently, the Dhaka Stock Exchange Limited (DSE) has issued letter no.

By : admin

RED-HERRING PROSPECTUS

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