PRIMEFIN

The company has informed that SEC has given consent to issue a Mutual Fund namely Prime Finance First Mutual Fund of Tk. 200 million divided into 20 million units of Tk. 10 each. The basic features of the Mutual Fund will be as follows: 1. Name of the Fund: Prime Finance First Mutual Fund, 2. Nature of the Fund: Closed End, 3. Sponsor of the Fund: Prime Finance & Investment Ltd., 4. Sponsor's Contribution: Tk. 40 million, 5. Private Placement: Tk. 60 million, 6. Initial Public Offer (IPO): Tk. 100 million, 7. Trustee: Investment Corporation of Bangladesh and 8. Asset Manager: ICB Asset Management Company Ltd.