Aamra Networks to issue Tk100 crore bond | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
The Business Standard

Sunday
October 01, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
SUNDAY, OCTOBER 01, 2023
Aamra Networks to issue Tk100 crore bond

Stocks

TBS Report
12 July, 2020, 07:25 pm
Last modified: 12 July, 2020, 10:01 pm

Related News

  • AB Bank to issue Tk500cr subordinated bond
  • Quasem Silk gets BSEC nod to transfer ownership
  • Yeakin Polymer's stake transfer incomplete even after 16 months of BSEC approval
  • DBH to issue Tk550cr bond to finance affordable housing
  • Legacy Footwear issues new shares at 11x lower rate than market price

Aamra Networks to issue Tk100 crore bond

An official of the company said the amount earned through the bond would be utilised for loan repayment, strengthening working capital and investing in network expansion

TBS Report
12 July, 2020, 07:25 pm
Last modified: 12 July, 2020, 10:01 pm
Aamra Networks to issue Tk100 crore bond

Aamra Networks Ltd, an IT communication solutions company, will issue a bond or debt securities worth Tk100 crore for five years' tenure.

The company has informed that this is a non-convertible zero-coupon bond and the issuing of these securities is subject to the approval of the regulatory authorities.

An official of the company said the amount earned through bond would be utilised for loan repayment, strengthening working capital and investing in network expansion.

Meanwhile, in the third quarter (January-March) of the 2019-20 financial year, the company posted a six percent growth in revenues to reach Tk27.17 crore.

However, in the three quarters of the last financial year, revenue decreased by 9 percent to Tk77.24 crore.

In the three quarters ended on March 31, 2020, the net profit of the company also fell by 8 percent to Tk14.99 crore and earnings per share to Tk2.64.

In the 2018-19 financial year, the company paid 6 percent cash and 6 percent stock dividends to its shareholders.

The closing price of each of the company's share was Tk35.10 on Sunday at Dhaka Stock Exchange (DSE).

The company was listed on the DSE in 2017, with Tk56.22 crore as paid-up capital.

Out of total shares, the sponsors and directors of the company hold 33.04 percent, institutional investors 28.09 percent, foreign investors 15.98 percent and the general investors hold 22.89 percent shares.

Economy / Top News

Aamra Networks / Stock

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Containers piled up at Chattogram port. File Photo: TBS
    Exports fetch $4.31 billion in September, lowest since April
  • Remittance earnings in September lowest in 41 months
    Remittance earnings in September lowest in 41 months
  • Dengue patients under treatment at a city hospital. File photo: Rajib Dhar/TBS
    Dengue death toll crosses 1000-mark for first time in Bangladesh history

MOST VIEWED

  • Photo: TBS
    Habibur Rahman takes charge as 36th DMP commissioner
  • Paperfly aborts flight
    Paperfly aborts flight
  • Photo: Collected
    The top 3 smartwatches of 2023: A glimpse into the future
  • Photo: TBS
    Dhaka traffic slowest in world: Study
  • Harsher bilateral loans set to make external debt repayment tougher
    Harsher bilateral loans set to make external debt repayment tougher
  • Illustration: TBS
    Shokh and Sarika’s quest of return

Related News

  • AB Bank to issue Tk500cr subordinated bond
  • Quasem Silk gets BSEC nod to transfer ownership
  • Yeakin Polymer's stake transfer incomplete even after 16 months of BSEC approval
  • DBH to issue Tk550cr bond to finance affordable housing
  • Legacy Footwear issues new shares at 11x lower rate than market price

Features

Illustration: Collected

Apology to a life forgotten to live

1h | Features
Photo: Kazi Ashraf Uddin

Coffee: More than a beverage, something of a beloved

4h | Features
The price back to the normal range is possible if the corporations who control the feed market reduce the feed and chick prices. Photo: Noor-A-Alam

Will eggs ever return to their 'normal' price?

7h | Features
Photo & Coffee Sketch: Touseful Isalm

A coffee conversation with Rumi

1d | Features

More Videos from TBS

Apple is bringing new software updates to prevent overheating

Apple is bringing new software updates to prevent overheating

1h | Tech Talk
A unique study cafe in the city

A unique study cafe in the city

17m | TBS Stories
Reserves are falling even as the dollar's share of global payments rises

Reserves are falling even as the dollar's share of global payments rises

3h | TBS Economy
Why is the remittance of banks increasing or decreasing?

Why is the remittance of banks increasing or decreasing?

2h | TBS Economy
EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]