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Saturday, February 15, 2025
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GPH Ispat moves forward with Int’l listing plans on HKEX

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GPH Ispat Limited, country’s one of the leading manufacturers of world-class steel rebar, is pleased to announce that its Board of Directors, in a meeting held on January 23, 2025, has decided to explore the potential listing of the company on the Hong Kong Stock Exchange (HKEX). To facilitate this process, the company has appointed PricewaterhouseCoopers Ltd, Hong Kong, and Price Waterhouse & Co. Chartered Accountants LLP, India, for advisory service.
As part of this initiative, a high-level delegation from GPH Ispat Ltd will visit Hong Kong SAR, China, from February 4 to February 6, 2025. The delegation will be led by Mohammed Jahangir Alam, Chairman, GPH Group, and will include Salehin Musfique Sadaf, Director (Strategy & Transformation), H. M. Ashraf-Uz-Zaman, FCA, Group CFO, GPH Group, and Kamrul Islam, FCA, Executive Director (Finance & Business Development), GPH Ispat Ltd.
During the visit, the delegation will hold joint discussion with key stakeholders, including officials from The Stock Exchange of Hong Kong Limited, Altus Capital Limited (Merchant Bank/Issue Manager for capital raising), and Lego Corporate Finance Ltd (Underwriter).
This strategic move aligns with GPH Ispat’s vision to expand its market footprint and enhance its corporate presence on a global scale. A potential listing on HKEX will not only strengthen the company’s position in the international financial market but also open new avenues for growth and investment by expanding export basket of Bangladesh.

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