September 29, 2020

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 provided to BSEC, to commence electronic bidding by the Eligible Investors (El) to determine the cut-off price of ordinary shares ‘-…./ of Lub-rref (Bangladesh) Limited (hereinafter referred to as ‘issuer’ or ‘company’) in adherence of Rules 4(2)(c) of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015.

For more details please check the following link:-

http://lub-rref.com/News/Consent%20to%20commence