Roknoor Holdings Limited has expressed its intention to buy more than 3.64 million shares of the Premier Cement at prevailing market price through stock exchange within next 30 working days.
“Roknoor Holdings Limited (where Mr Mohammed Amirul Haque is the MD of Roknoor Holdings and also a sponsor director of Premier Cement), has expressed its intention to buy 3,643,080 shares of the company at prevailing market price,” said an official disclosure on Wednesday.
Each share of Chittagong-based cement maker, which was listed on the Dhaka bourse in 2013, closed at Tk 91.20 on Tuesday at Dhaka Stock Exchange (DSE).
So, the total value of 3.64 million Premier Cement shares as per Tuesday’s closing price is Tk 332 million.
The company has also reported consolidated earnings per share (EPS) of Tk 0.36 for July-September, 2017 as against Tk 0.54 for July-September, 2016.
The company’s paid-up capital is Tk 1.05 billion and authorised capital is Tk 5.0 billion, while the total number of securities is 105.45 million.
Sponsor-directors own 58.58 per cent stake in the company while the institutional investors own 10.59 per cent, foreign 0.01 per cent and the general public 30.82 per cent as on November 30, 2017, the DSE data shows.