The Qualified Investor Offer (QIO) application of Brain Station 23 PLC, which has received approval to raise funds from the SME platform of the capital market, will start from 10 am on September 1. Which will last until 4:30 pm on September 5.

In the 911th commission meeting held under the chairmanship of Professor Shibli Rubaiyat-ul-Islam, the regulatory body Bangladesh Securities and Exchange Commission (BSEC) on June 9, the company was approved to raise money.

It is known that the company will raise Tk 5 crore capital by selling shares to qualified investors through QIO. For this the company will issue 50 lakh common shares. The money raised will be spent by the company on computer and IT equipment and issue management expenses.

According to sources, the share price of Brain Station 23 PLC has been fixed at Tk. With the aim of creating long-term financing opportunities in the SME sector, this money has been withdrawn.

As per the financial report ended on September 30, 2023, the company’s earnings per share (EPS) stood at Tk 1.92 paisa and net asset value per share (NAVPS) stood at Tk 19. 28 paisa.

Sources:- Essbangladesh.