aamra networks limited holds Roadshow for investors

/ / Press Release

aamra networks limited over the last decade has consistently provided its customers with state-of-the-art IT communication solutions and services which includes Internet Access, Web Page Development and Hosting, Leased Port Internet Access, Total Network Solutions, Video Conferencing Solutions, various IT Enabled Support, Software Development and Maintenance Services etc. aamra networks limited held a Roadshow on Tuesday, April 12, 2016 at Lakeshore Hotel in order to raise capital through Initial Public Offering under Book-building method subject to the approval of Bangladesh Securities and Exchange Commission. The Company intends to raise capital of BDT 562,500,000through IPO for BMRE for infrastructure development, data center setup, Wi-Fi Hotspot setup in different locations and loan repayment.

LankaBangla Investments Limited is the Issue Manager while ICB Capital Management Limitedwill work as Registrar to the Issue for ANL’s IPO procedure.

The program was inaugurated by Mr. Syed Farhad Ahmed, Managing Director& CEO of ANL followed by speech from Mr. Md. Sayadur Rahman, President Bangladesh Merchant Bankers Association, Mr. Khandakar Kayes Hasan, CFA, Chief Executive Officer of LankaBangla Investments Limited and the question and answer session. Mr. Syed Faruque Ahmed, Chairman, aamra networks limited concluded the program with his closing speech. Mr. Sharful Alam, Chief Operating Officer of ANL,Mr. Zahrul Syed Bakht, Group Chief Financial Officer of aamra companies, Mr. AKM Quamruzzaman, Group Financial Controller of aamra companies, Mr. Md. Anamul Haque, Chief Financial Officer of aamra networks limited, Ms. Nasrin Sultana, Chief Executive Officer of ICB Capital Management Limited, Mr. Hassan Zabed Chowdhury, Chief Operating Officer of LankaBangla Investments Limited and other high officials of respective organizations were present at the Roadshow.Representatives from Dhaka and Chittagong stock Exchanges, Eligible Investors (EIs) from various financial institutions attended the road show.