JMI Hospital gets nod to raise Tk 75 crore

JMI Hospital Requisite Manufacturing gets nod to raise Tk 75 crore to buy equipment, develop building and land and repay loans.

They company's share price would be determined through bidding among institutional investors as it sought premium over its face value of Tk 10.

Its net asset value was Tk 29.99 and five years' weighted average earnings per share was Tk 2.42 after the financial year that ended on June 30 of 2020.

The hospital's paid-up capital was Tk 90 crore.