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What is United Airways IPO Details and Offer about?

United Airways (BD) Limited is involved in hiring, purchasing, and leasing aircraft to carry passengers and cargo both locally and internationally. The company intends to use proceeds from their initial public offering to expand aviation services to international destinations from Dhaka and Sylhet such as London, Jeddah, Singapore, Kuala Lumpur, Katmandu, Gatwick, Manchester and Birmingham. The offering consists of 20 million shares at 100 taka per share, raising 2 billion taka total.

Author

Mustafizur Rahman Rafee

Language

EN