BDCOM Online Limited, an IT company, will make investment at the Mirsarai Economic Zone in Bangabandhu Sheikh Mujib Shilpanagar.
The company has signed a Land Lease Agreement with Bangladesh Economic Zones Authority (BEZA) against allotment for 10 acres of land in Bangabandhu Sheikh Mujib Shilpa Nagar at Mirsarai Economic Zones for 50 years at a rental basis at US$ 0.60 (sixty cents) only per square meter per annum, said an official disclosure.
Company officials said that they are planning to establish factory there for assembling electronic products.
BDCOM Online was listed on the Dhaka Stock Exchange (DSE) in 2002.
Each share of the company closed at Tk 31.50 on Thursday at the primer bourse. Its share traded between Tk 23.50 and Tk 35.80 in the last one year.
The company’s earnings per share (EPS) stood at Tk 0.58 for October-December, 2018 as against Tk 0.42 for October-December, 2017.
In six months for July-December, 2018, the company’s EPS was Tk 0.93 as against Tk 0.66 for July-December, 2017.
The net operating cash flow per share (NOCFPS) was Tk 1.25 for July-December, 2018 as against Tk 0.66 for July-December, 2017.
The net asset value (NAV) per share was Tk 16.60 as on December 31, 2018 and Tk 15.55 as on June 30, 2018.
The company disbursed 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2018.
BDCOM’s paid-up capital is Tk 488.48 million and authorised capital is Tk 1.0 billion, while the number of securities is 48.84 million.
The sponsor-directors own 23.10 per cent stake in the company, while institutional investors own 26.79 per cent and the general public 50.11 per cent as on February 28, 2019, the DSE data shows.