By The Daily Star

Bangladesh Submarine Cable Company has submitted its initial public offering (IPO) prospectus to the stockmarket regulator, revising its previous listing plan, officials said.  Earlier the telecom service provider planned listing through a direct listing method, but now it opts for a fixed price system. Under the revised plan, the company will float 3.10 crore ordinary shares of Tk 10 each at an offer price of Tk 35, using the fixed price method.

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