The local lube oil producer’s share bidding through the electronic subscription system (ESS) of the exchanges will continue until October 14The bidding for eligible investors (EIs) to discover the cut-off price of shares of Lub-rref (Bangladesh) Limited will begin on October 12. The local lube oil producer’s share bidding through the electronic subscription system (ESS) of the exchanges will continue until October 14. Only institutional investors can participate in exploring the cut-off price of the company's shares under the electronic bidding process. Lub-rref (Bangladesh) supplies "BNO Lubricants" brand lubricants across the country. In January 2019, BNO Lubricants, a brand of Lub-rref, introduced Nynas technology-based transformer oil and Nano Technology lubricants to minimize carbon emission and ensure longevity of engines.

Source: Dhaka Tribune September 29, 2020 14:47 UTC