Walton share trade to debut on Sept 23

United News of Bangladesh .Dhaka | Published: 10:15, Sep 22,2020


Walton Hi-Tech Industries share trade is set to debut on September 23 in the Dhaka Stock Exchange and the Chittagong Stock Exchange.

The electronics giant took the decision recently in board meetings of the stock exchanges in Dhaka and Chittagong, said a press release.

Walton Hi-Tech Industries’ Company Secretary Partha Protim Das said, ‘The capital market investors are very much longing for Walton Shares. They will be happy with its share trade debut.’

‘Walton will strongly focus on the fulfillment of the investors’ desires.’, he added.

The subscription of Walton Hit-Tech’s (Initial Public Offering) was started on August 9 and concluded on August 16.

During its IPO subscription, Walton hi-tech received the application for Tk 374.43 crore worth general shares’ allotment, which was 9.59 times higher than its approved allotment of Tk 39.3 crore worth general shares, he said.

On September 20, Walton Hi-Tech deposited the allotted shares to the respective investors’ BO accounts through the Central Depository Bangladesh Limited.


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