Share prices rose to Tk 15 from Tk 10 apiece, shortly after the stock started trading on the Dhaka bourse on Thursday. The company is trading under 'N' category with the trading code ‘ROBI’. In September, Bangladesh Securities and Exchange Commission or BSEC gave regulatory approval to Robi to raise Tk 5.2 billion from the capital market through an initial public offering to expand its network. Robi offloaded about 524 million shares or 10 percent of the company, priced at Tk 10 each. Their asset value per share during this time was Tk 12.64 with a profit of Tk 0.4 for each share.

Source: bd News24 December 24, 2020 05:03 UTC