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phoenix finance and investments limited, the sponsor of phoenix finance 1st mutual fund (pf1stmf), has announced plans to sell 2 million units from its total holding of 12 million units.
according to information from the dhaka stock exchange (dse), the sponsor will sell the units through the open market of the dhaka stock exchange plc at the prevailing market price.
the sale is expected to be completed within 30 working days.
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