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Thursday, October 7, 2010

HP Chemicals to float Tk 600m IPO

FE Report - October 07'2010 Thursday

BRAC EPL Investments Limited has recently signed an agreement with HP Chemicals Limited for providing Issue Management and Corporate Advisory service for the forthcoming IPO of the Company.


H P. Chemicals Limited is a
hydrogen peroxide manufacturing company operating since 2005. The company is planning to raise about Tk 600 million from the local capital market under Fixed Price Method.

Khaled Farazi, Managing Director & CEO of BRAC EPL Investments Limited and Mr. M. Hafizur Rahman, Managing Director of H. P. Chemicals Limited signed the agreement on behalf of their respective companies.


Mr. Saiful Islam, Vice Chairman of BRAC EPL Investments Limited, Mr. Shameem Hussain. Chairman & Mr. Raquibul Kabir, Director & Vice Chairman of H. P. Chemical were present.

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