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Confidence-Power-Energy

Confidence power applies for IPO to raise Tk 400 crore
Confidence power applies for IPO to raise Tk 400 crore
Confidence Power and Energy PLC wants to raise Tk 400 crore from the stock market through an initial public offering (IPO). To this end, the company has applied to the Dhaka Stock Exchange (DSE) for approval to launch an IPO under the book building method. A major portion of the proceeds will be invested in two proposed solar power projects. The company also plans to use the funds to partially repay existing loans and cover IPO related expenses, according to relevant sources. According to...
Share Market•29 October 2026