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Thursday, 23 February, 2012
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aamra technologies' IPO approved
The Securities and Exchange Commission on 20th February 2012, approved the initial public offering prospectus of aamra technologies ltd (ATL) to raise Tk 51.77 crore from the public.
Using the fixed price method, ATL will float 2.15 crore ordinary shares of Tk 10 each at an offer price of Tk 24, including a premium of Tk 14, the SEC said in a statement.
With the proceedings from the IPO, the company will invest in setting up ATM and POS terminals.
The company's earnings per share is Tk 2.61, while the net asset value per share is Tk 24.81, according to its 2010 financial statements.
ATL was incorporated in Bangladesh as a public company in February 3, 2010. ATL was previously known as Texas Electronics Ltd and was renamed on December 31, 2007.
ATL is the sixth IT Company to be listed on the Bangladesh stock market.
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aamra becomes BPL IT Partner
Game On Sports Management, the event management organization of the BPL T20 signed an agreement with aamra networks limited (ANL). Under the agreement, ANL will be the IT Partner for the BPL and will provide internet bandwidth, WiFi system and media center equipment during the event.
Managing Director of ANL Syed Farhad Ahmed and Zakaria Jaffri, CEO, Game On Sports Management signed the agreement on behalf of their respective organizations.
In his reaction, after signing the agreement, Farhad Ahmed said: “This is a partnership of which we are really proud of. This is an opportunity for us to continue strengthening the excellent relationship we have with Bangladesh cricket and the media and we are committed towards providing the best internet facility possible..”
On the photo - (left from right) - Sirajuddin Md Alamgir, Secretary, BPL Governing Council, Syed Farhad Ahmed, MD, ANL, and Zakaria Jaffri, CEO, Game On Sports Management.
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aamra Open House Party held
 aamra Open House Party was held on 12th December 2011 from 9AM to 9PM at its Office premise. Around 2000 customers, stakeholders, members of media and invited guests were present at the event. Open House Party is an annual get-together that aamra arranges to thank its partners for the ongoing support and showcase its upcoming products and solutions.
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aamra technologies limited declares 10% Cash Dividend
 aamra technologies limited has declared 10% cash dividend for its shareholders for the year 2011. This dividend approval was announced at the 22nd Annual General Meeting of the Company held on Saturday, 3rd December 2011 at a local Convention Centre in Dhaka. A large number of shareholders attended the meeting which was pre-sided over by the Chairman Syed Faruque Ahmed.
Syed Farhad Ahmed, Managing Director of the Company, in his welcome address, highlighted the company’s operational performance in 2011 and outlined the future plans and programs undertaken by the company to boost its operational efficiency and profitability.
Chairman Syed Faruque Ahmed appreciated the shareholders for their continuous support and cooperation to the growth of the Company. He thanked the shareholders for their constructive suggestions for ATL’s earnings, capacity and goodwill.
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A
concern of aamra
