Sunday, August 4, 2019
Puberty Essay -- Human Development Papers
Puberty Let's talk about puberty. What is the first thing that comes into our minds when we say puberty? Well, sex is the most common thought that pops out from the head of many people. But there is much more than sex to puberty. Puberty is a very unique and important evolving stage of all males and females. During puberty, guys and girls go through many changes that we might find funny, scary and weird. During puberty, the level of testosterone and estrogen in both boys and girls increases greatly. The rapid increase of testosterone and estrogen is what triggers the beginning of puberty. Now lets give the changes that boys and girls experience during puberty. During puberty, some changes happen only to girls, and some happen only to boys. What type of changes can are expected to happen to girls? First of all, the girl's breasts will begin to grow and get fuller. Sometimes, one breast may grow faster than the other. Some girls' breasts grow more rapidly than other girl's. Some girls' breasts remain small throughout their adult lives. Also during puberty, the girl...
Saturday, August 3, 2019
grendelbeo Epic of Beowulf Essay - Beowulf from Grendels Perspective :: Epic Beowulf essays
Beowulf from Grendel's Perspective One night, as Grendel was sleeping soundly in his home in the swamplands, he was suddenly awakened by the sound of music. The music angered Grendel because he had been up late the night before entertaining his monster friends and was in need of his beauty rest. So he headed out the front door and headed to see what the commotion is all about. ] Upon arrival at the mead hall, Grendel notices the door is much to small for him to enter through it easily. This does not make him happy because it happens everywhere he goes in the little human towns. So he squeezes his shoulders through the small opening and manages to ask the man at the nearest table what was going on. The man, being exhausted from his own celebrations, was to tired to even notice the beast standing over him. Monsters of Grendel's type are not used to be ignored and see it as disrespectful and so do not like to be ignored. Which is why Grendel pulled his head from the doorway and reached his claw in to snatch up unsuspecting man. Everyone else in the room was too busy to even notice the man being lifted from his place behind his drink. With the first man out of the way, Grendel decided to try a different approach. Again, scrunching himself down partway through the door, Grendel looked for someone to tell him what was going on. He cleared his throat an d said with a rough, gravelly voice, "Excuse me!" No one noticed. So he said it louder, "Excuse me!" A few heads turned. After a number of astonished gasps, more turned to see. Detecting he was now the center of attention, Grendel asked what they were all doing making so much noise so late at night. The men only stared at him. So he asked more simply and slowly, not knowing if they were intelligent or not, "What are you doing?" The only response this time was an echoed "Get him!" This surprised Grendel because they seemed to say it in unison. He jumped slightly and hit his head on the doorway. He stood up and rubbed his head and knocked over a horse and its cart with his foot.
Friday, August 2, 2019
Playing Roller Hockey Essay -- Personal Narrative Sports Athletics Ess
Playing Roller Hockey Throughout my lifetime, many different goals have been set and achieved, but the most significant goal I accomplished was making the Foothill Grizzlies hockey team. Playing hockey, by far, is one of my favorite things to do. Whether I am playing for fun in a pickup game or against a top team in the state, hockey is what I love to do. The Foothill Grizzlies were a roller hockey team that was formed when I was about the age of 13. I had heard many good things about the team, which at the time was one of the most respected teams in the state of California. Coached by a man named Jon Adimack, the team had won most of the tournaments and leagues they entered in. Hearing about this team and the consistency of its players, I was shocked to hear they were hosting tryouts. I jumped on the opportunity, because the leagues I had been in were not the most competitive. I was looking for a chance to step my game up and play for a traveling tournament team. When I showed up for the tryouts, I was amazed at the way the players knew one another. The guys had been playing for a long time together, so the communication on and off of the rink was outstanding. Not only were they teammates, but they were also best friends. Seeing all of these things, I was a little skeptical to tryout, because I was intimidated. Finally, me and my best friend Mike got on the rink and began to skate. When the drills started, I was excited because I was feeling very comfortable. I did all of the workouts and ran the drills as best I could, and was excited to hear what the coach thought of me and my buddy. The coach thought we did very good and asked us to join the team. We showed the coach exactly wha... ...thought I would play such competitive hockey, because everything before it was local leagues. Joining this traveling team was amazing; because I matured over the four years emotionally and physically. My game had never been better than when I played for the Grizzlies, as I was ââ¬Å"in my prime.â⬠Achieving the goal of making the team was outstanding on its own, but winning a championship of that caliber was more than I could ask for. I was able to have the best time of my life while playing with this team, but unfortunately, the team folded. We were all growing up and had to take time off for school, so the team gradually separated. These were the greatest times in my life and the greatest achievement also. Never will there be something that made me feel so good, and although I donââ¬â¢t speak to any of them, they made up the greatest experiences of my life for four years.
Thursday, August 1, 2019
An inspector calls, drama and tension Essay
An Inspector Calls Essay How does Priestley build the drama and tension in this extract? The extract is from page 47 starting ââ¬ËMRS B: Iââ¬â¢m sorry she should have come to such a horrible end. But I accept no blame for this at allââ¬â¢ In this extract, JB Priestley builds drama and tension through the use of dramatic irony. Mrs Birling does not realise until the very end of the scene that her own son is responsible for Eva Smithââ¬â¢s pregnancy. However, Sheila and the audience begin to realise this before her. So, when she says things like ââ¬ËI blame the young man of the child she was going to haveââ¬â¢, we realise that she is unknowingly incriminating herself and her son. This makes it tense and exciting, because we want to see what will happen when she eventually does realise that the person she is being so harsh on is her own son. In this extract, JB Priestley also builds up drama and tension through having Sheila realise the truth of the situation long before her mother. Sheila is constantly interrupting trying to explain to her mother that by blaming the father of the child she is only blaming her own son. For example, she says ââ¬ËMother-stop-stop!ââ¬â¢ and ââ¬ËBut donââ¬â¢t you see-ââ¬Ë As well as her words, the stage directions show that she is getting increasingly ââ¬Ëagitatedââ¬â¢ and ââ¬Ëhystericalââ¬â¢ in attempting to warn her mother about what is happening. This is very tense and dramatic because Mr and Mrs Birling misinterpret her words and just assume that she is overexcited; this is consolidated through the use of imperatives, which connotes Sheilaââ¬â¢s desperation to be listened to. They assume she is being silly, when in fact she is the closest of all of the Birling family to true insight at this point.
Wednesday, July 31, 2019
Dear Junior Admin Essay
There are several things to check and several things that could be wrong. I would start by making sure that you have your ranges of IP addresses right and that you didnââ¬â¢t mistype any numbers. Check your exclusions and be sure that your new ranges donââ¬â¢t fall in between the old ranges that were there before if you had any for the last set. You can also check the workstations that didnââ¬â¢t take the changes individually. Be sure that they donââ¬â¢t have static IP address set for those computers. If they do, then change them to dynamic and restart the computers. If they have the dynamic bullet check then open up a command prompt and ping the server. If you get no response use the ipconfig commands. Release the IP addresses with the IP release command and then use the ip renew command. If the workstations still do not work after trying the previous suggestions you can always assign your workstations using static IP addressing. It will be time consuming but with only twenty five workstations it shouldnââ¬â¢t be too overwhelming. If the first suggestions do not work and you simply donââ¬â¢t want to do all the work of using static ip addresses then you can always start over and try putting in the new configurations again. The second time around be sure to restart your server and restart all of your workstations so the new changes will take effect. You may have to do it at a time when the company can afford the network to be all the way down for a few hours.
Dowry Problem in India Essay
Gandhi ji said:- ââ¬ËAny young man who takes dowry fo getting married , disrespects his education, country and womanhood.ââ¬â¢ Our society is full of evil systems. One of those evil systems is dowry. Dowry is defined as the ââ¬Ëprice paid by parents to get their daughters married as well for getting them the place in the family which they deserve.ââ¬â¢ Over the years cases of dowry harassment and cases of dowry deaths have multiplied. In Hindu marriage system, a system termed as ââ¬Ëkanyaddanââ¬â¢ is performed in which the bride is given to the husband and in-laws along with huge sums of money, furniture, house, car, etc. or more precisely bride along with dowry. The dowry system has converted something as pure as marriage into a business transaction and the bride into a saleable commodity or a key to more money. Debts are taken so that the groomââ¬â¢s family can be provided with a large dowry. This creates a burden on the brideââ¬â¢s family. Girls begin to think of themselves as a burden on their families and accept spinsterhood as their fate or commit suicide. Dowry has also led to an increase in female feticide and female infanticide which has greatly affected the male-female ratio in the country. Heavy dowry is demanded for educated boys. This has ruined the lives of many brilliant girls. Brilliant, educated and economically independent girls cannot get married to so-called educated boys because their parents cannot provide their in-laws with a huge dowry demanded by them. Even after marriage such girls are tortured to bring in more money, and ultimately, they either commit suicide or lose their mental balance. People who believe in taking dowry say that dowry acts as a financial help to the newlyweds. They say that while marriage acts as a life insurance for girls, marriage acts as its premium. They also say that a girl who carries a respectable amount of dowry to her husband and in-laws feels confident while a girl who carries a less amount of dowry feels uncomfortable and apprehensive. In 1961, the government passed the Dowry Prohibition Act to abolish the dowry system. However, this act, instead of subsiding dowry, took its roots to a deeper level in the society. It is said that on an average one woman is being killed in every four hours n the issue of dowry in India. However, strong public rejection is being noticed on the issue of dowry among the youth. They are not ready to give or take dowry for getting married. They are really coming forward to abolish the evil. Our societyà needs such responsible youth to abolish the evil system of dowry in India. There is finally a positive beam of light shown in utmost darkness, but to convert this positive beam of light into utmost lightness, we, the common people of India have to take effective remedial steps: ââ¬â We should start a strong propaganda to abolish the evil. People should make demonstrations against those who take dowry. Strict laws should be passed to prohibit taking and giving dowry. Young girls should take serious action when their family is demanded with dowry. Proper education should be imparted to girls as well as they should be made economically independent to accelerate the process. Love marriages, inter-caste marriages as well as inter-provisional marriages may also help. Cases of ââ¬Å"dowry freeâ⬠marriages should be the news item on the bulletin. This will encourage the youth. Right now, in our society, a man who does not marry for love, learns to marry for possessions. We have to change the picture. ââ¬Å"SAY NO TO DOWRYââ¬
Tuesday, July 30, 2019
Prospectus of bsrm steels limited Essay
Declarations and due diligence certificates Declaration about the responsibility of the Directors including the CEO of the Company in respect of the prospectus Consent of the Directors to Serve Declaration about filing of prospectus with the Registrar of Joint Stock Companies & Firms Due Diligence Certificate of Manger to the Issue Due Diligence Certificate of the Underwriter(s) Risk factors & management perceptions about the risks Capital structure Use of IPO proceeds Description of business Back ground of the project Important date Nature of business Principal products and services The Rolling Process Market for the BSRMS Products Relative contribution to income Associate subsidiary/related holding company Distribution of products/services Sources and availability of raw materials and principal suppliers Competitive condition of business Sources of and requirement for power, gas and water or any other utilities Customer providing 10% or more revenues Contract with principal customers and suppliers Material patents, trademarks, license or royalty agreements Number of employees (as per audited accounts) Capacity and current utilization of facility Description of property Financial Condition and Plan of Operation Internal and external sources of fund (as per audited accounts) Material commitment for capital expenditure Causes for material changes Seasonal aspect of the Companyââ¬â¢s business Known trends, events or uncertainties Change in the assets of the Company used to pay off any liabilities Loan taken from holding/parent company or subsidiary company Loan given to holding/parent company or subsidiary company Future contractual liabilities Future capital expenditure VAT, income tax, customs duty or other tax liability Operating lease agreement Financial lease and other financial commitment Personnel related scheme Revaluation of assets Breakdown of issue expenses Auditors certificate regarding any allotment of shares to promoters or Sponsor shareholders for consideration other than in cash -5- Page No 7 7 10 11 11 11 11 12 12 13 15 15 15 15 15 15 16 16 17 17 17 17 17 18 18 18 18 19 19 19 19 20 20 20 20 20 20 21 21 21 21 21 21 21 21 21 21 22 22 Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited Item Transactions with subsidiary/holding company or associate companies Material information which is likely to have an impact Directors and officers Information regarding directorship Directors involvement in other organization Family relationship among directors and top five officers Short bio-data of the directors Credit information Bureau (CIB) report Description of senior executive and departmental heads Involvement of Directors and officers in certain legal proceedings Certain Relationships and Related Transactions Transaction with related parties Directors facilities Executive compensation Remuneration paid to top five salaried officers Aggregate amount of remuneration paid to directors and officers (as audited accounts) Remuneration paid to Director who was not an officer Future compensation to Director or officers Pay increase intention Options granted to Directors, officers and employees Transaction with the Directors and subscribers to the Memorandum Tangible assets per share Ownership of the Companyââ¬â¢s securities Composition of Shareholders Share hold by Directors Shareholding structure 5% or more as on 30 April 2008 Securities owned by the officers Determination of offering price Market for the securities being offered Declaration about listing of shares with Stock Exchange Trading and settlement Description of Securities outstanding or being offered Dividend, voting, pre-emption rights Conversion and liquidation rights Dividend policy Other rights of shareholders Debt securities Lock-in on sponsors share Refund of subscription money Subscription by and refund to non-resident Bangladeshi (NRB) Availability of securities Offer Application for subscription Allotment Underwriting of shares Principal terms and conditions of underwriting agreement Underwriterââ¬â¢s right to represent in the Board of Directors of the Company Auditors report to the shareholders Audited Financial Statements Auditors report under section 135(1), Para 24(1) of part II of schedule III to Companies Act, 1994 Ratio Analysis Additional disclosures as required by Securities and Exchange Commission Credit rating report of BSRMS Application forms -6- Page No 23 23 23 23 24 25 26 26 27 27 27 27 28 28 28 28 28 28 28 29 29 29 29 29 29 30 30 30 30 31 31 31 31 31 31 32 32 32 36 36 36 36 37 38 38 38 38 39 40 54 55 57 59 76 Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited Disclosure in respect of issuance of security in Demat Form As per provision of the Depository Act, 1999 and regulations made there under, shares will only be issued in dematerialized condition. All transfer/transmission/splitting will take place in the Central Depository Bangladesh Ltd. (CDBL) system and any further issuance of shares (right/bonus) will be issued in dematerialized form only. Conditions under Section 2CC of the Securities and Exchange Ordinance, 1969 Part A 1. The company shall go for Initial Public Offer (IPO) for 20,00,000 ordinary shares of Taka 100 (taka one hundred) each at par worth Taka 20,00,00,000 (Taka twenty crore) only following the Securities and Exchange Commission (Public Issue) Rules, 2006, the Depository Act, 1999 and regulations made there under. 2. The abridged version of the prospectus, as approved by the Commission, shall be published by the issuer in four national daily newspapers (in two Bangla and two English), within 03 (three) working days of issuance of this letter. The issuer shall post the full prospectus vetted by the Securities and Exchange Commission in the issuerââ¬â¢s website and shall also put on the websites of the Commission, stock exchanges, and the issue managers within 03 (three) working days from the date of issuance of this letter which shall remain posted till the closure of the subscription list. The issuer shall submit to SEC, the stock exchanges and the issue managers a diskette containing the text of the vetted prospectus in ââ¬Å"MS -Wordâ⬠format. 3. Sufficient copies of prospectus shall be made available by the issuer so that any person requesting a copy may receive one. A notice shall be placed on the front of the application form distributed in connection with the offering, informing that interested persons are entitled to a prospectus, if they so desire, and that copies of prospectus may be obtained from the issuer and the issue managers. The subscription application shall indicate in bold type that no sale of securities shall be made, nor shall any money be taken from any person, in connection with such sale until twenty five days after the prospectus has been published. 4. The company shall submit 40 (forty) copies of the printed prospectus to the Securities and Exchange Commission for official record within 5 (Five) working days from the date of publication of the abridged version of the prospectus in the newspaper. 5. The issuer company and the issue managers shall ensure transmission of the prospectus, abridged version of the prospectus and relevant application forms for NRBs through e-mail, simultaneously with publication of the abridged version of the prospectus, to the Bangladesh Embassies and Missions abroad and shall also ensure sending of the printed copies of abridged version of the prospectus and application forms to the said Embassies and Missions within five working days of the publication date by express mail service (EMS) of the postal department. A compliance report shall be submitted in this respect to the SEC jointly by the issuer and the issue managers within two working days from the date of said dispatch of the prospectus & the forms. 6. The paper clipping of the published abridged version of the prospectus, as mentioned at condition 2 above, shall be submitted to the Commission within 24 hours of the publication thereof. 7. The company shall maintain separate bank account(s) for collecting proceeds of the Initial Public Offering and shall also open FC account(s) to deposit the application money of the Non-Resident Bangladeshis (NRBs) for IPO purpose, and shall incorporate full particulars of said FC account(s) in the prospectus. The company shall open the abovementioned accounts for IPO purpose; and close these accounts after refund of over-subscription. Non- Resident Bangladeshi (NRB) means Bangladeshi citizens staying abroad including all those who have dual citizenship (provided they have a valid Bangladeshi passport) or those, whose foreign passport bear a stamp from the concerned Bangladesh Embassy to the effect that no visa is required to travel to Bangladesh. 8. The issuer company shall apply to all the stock exchanges in Bangladesh for listing within 07(seven) working days from the date of issuance of this letter and shall simultaneously submit the vetted prospectus with all exhibits, as submitted to SEC, to the stock exchanges. 9. The following declaration shall be made by the company in the prospectus, namely: ââ¬Å"Declaration about Listing of Shares with the Stock Exchange(s): None of the stock exchange(s), if for any reason, grants listing within 75 days from the closure of subscription, any allotment in terms of this prospectus shall be void and the company shall refund the subscription money within fifteen days from the date of refusal for listing by the stock exchanges, or from the date of expiry of the said 75 (seventy five) days, as the case may be. In case of non -refund of the subscription money within the aforesaid fifteen days, the company directors, in addition to the issuer company, shall be collectively and severally liable for refund of the subscription money, with interest at the rate of 2% (two percent) per month above the bank rate, to the subscribers concerned. -7- Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited The issue managers, in addition to the issuer company, shall ensure due compliance of the above mentioned conditions and shall submit compliance report thereon to the Commission within seven days of expiry of the aforesaid fifteen days time period allowed for refund of the subscription money. â⬠10. The subscription list shall be opened and the sale of securities commenced after 25 (twenty five) days of the publication of the abridged version of the prospectus and shall remain open for 5 (Five) consecutive banking days. 11. A non-resident Bangladeshi shall apply either directly by enclosing a foreign demand draft drawn on a bank payable at Dhaka, or through a nominee by paying out of foreign currency deposit account maintained in Bangladesh or in Taka, supported by foreign currency encashment certificate issued by the concerned bank, for the value of securities applied for through crossed bank cheque marking ââ¬Å"Account Payee onlyâ⬠. The NRB applicants shall send applications to the issuer company within the closing date of the subscription so as to reach the same to the company by the closing date plus nine days. Applications received by the company after the above time period will not be considered for allotment purpose. 12. The company shall apply the spot buying rate (TT clean) in US Dollar, UK Pound Sterling and Euro of Sonali Bank, which shall be mentioned in the Prospectus, as prevailed on the date of opening of the subscription for the purpose of application of the NRBs and other non-Bangladeshi persons, where applicable. 13. The company and the issue managers shall ensure prompt collection/clearance of the foreign remittances of NRBs and other non-Bangladeshis, if applicable, for allotment of shares. 14. Upon completion of the period of subscription for securities the issuer and the issue managers shall jointly provide the Commission and the stock exchanges with the preliminary status of the subscription within 05 (five) working days, in respect of the following matters, namely: (a) Total number of securities for which subscription has been received; (b) Amount received from the subscription; and (c) Amount of commission paid to the banker to the issue. 15. The issuer and the issue managers shall jointly provide the Commission and the stock exchanges the list of valid and invalid applicants in 2 (two) CDs and final status of subscription to the Commission within 3 (three) weeks after the closure of the subscription along with bank statement (original), branch-wise subscription statement. The list of valid and invalid applicants shall be finalized after examination with the CDBL in respect of BO accounts and particulars thereof. 16. The IPO shall stand cancelled and the application money shall be refunded immediately (but not later than 5 (Five) weeks from the date of the subscription closure) if any of the following events occur: (a) Upon closing of the subscription list it is found that the total number of valid applications (in case of under subscription including the number of the underwriter) is less than the minimum requirement as specified in the listing regulations of the stock exchange(s) concerned; or (b) At least 50% of the IPO is not subscribed. 17. 10% of total public offering shall be reserved for non-resident Bangladeshi (NRB) and 10% for mutual funds and collective investment schemes registered with the Commission, and the remaining 80% shall be open for subscription by the general public. In case of under subscription under any of the 10% categories mentioned above, the unsubscribed portion shall be added to the general public category and, if after such addition, there is over subscription in the general public category, the issuer and the issue managers shall jointly conduct an open lottery of all the applicants added together. 18. All the applicants shall first be treated as applied for one minimum market lot of 50 shares worth Tk. 5000/-. If, on this basis, there is over subscription, then lottery shall be held amongst the applicants allocating one identification number for each application, irrespective of the application money. In case of over-subscription under any of the categories mentioned hereinabove, the issuer and the issue managers shall jointly conduct an open lottery of all the applications received under each category separately in presence of representatives from the issuer, the stock exchanges and the applicants, if there be any. 19. An applicant cannot submit more than two applications, one in his/her own name and another jointly with another person. In case an applicant makes more than two applications, all applications will be treated as invalid and will not be considered for allotment purpose. In addition, whole or part of application money may be forfeited by the Commission. -8- Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited 20. The primary shares allotted to an applicant through IPO may be forfeited by SEC, if the BO account of the said applicant is found closed at the time of allotment of shares. All IPO applicants are required to keep their BO accounts operational till allotment of IPO shares. 21. Lottery (if applicable) shall be held within 4 (four) weeks from closure of the subscription date. 22. The company shall issue share allotment letters to all successful applicants within 5 (five) weeks from the date of the subscription closing date. Within the same time, Refund to the unsuccessful applicants shall be made in the currency in which the value of securities was paid for by the applicants without any interest through Account Payee Cheque/ refund warrants with bank account number, bankââ¬â¢s name and Branch as indicated in the securities application forms payable at Dhaka/ Chittagong/ Khulna/ Rajshahi/ Barisal/ Sylhet/ Bogra, as the case may be subject to condition 19 above. Refund money of the unsuccessful applicants shall be credited directly to their respective bank accounts with in 5 (five) weeks from the date of the subscription closing, who have mentioned in the IPO application forms, bank account numbers with the bankers to the issue and other banks as disclosed in the prospectus. A compliance report in this regard shall be submitted to the Commission within 6(six) weeks from the date of closure of subscription. 23. The company shall furnish the List of Allotees to the Commission and the stock exchange(s) simultaneously in which the shares will be listed, within 24 (twenty four) hours of allotment. 24. In the event of under-subscription of the public offering, the unsubscribed portion of securities shall be taken up by the underwriter(s) (subject to para -16 above). The issuer must notify the underwriter to take up the underwritten shares within 10 (ten) days of the subscription closing date on full payment of the share money within 15(fifteen) days of the issuerââ¬â¢s notice. The underwriter shall not share any underwriting fee with the issue managers, other underwriters, issuer or the sponsor group. 25. All issued shares of the issuer at the time of according this consent shall be subject to a lock ââ¬â in period of three years from the date of issuance of prospectus or commercial operation, whichever comes later: Provided that the persons, other than directors and those who hold 5% or more, who have subscribed to the shares of the company within immediately preceding two years of according consent, shall be subject to a lock -in period of one year from the date of issuance of prospectus or commercial operation, whichever comes later. 26. Either a Jumbo Share (one for each of the existing Sponsors/ Directors/ Shareholders) in respect of the shares already issued shall be issued covering together respective total holding, which shall contain the expiry date of lock-in period or Sponsors/Directors/Promoters/Shareholdersââ¬â¢ shareholding shall be converted into demat form but shall be locked-in as per the condition at para-25 above. 27. In case of Jumbo Share Certificate issued to the existing Sponsors/ Directors/Shareholders, the said share certificates shall be kept under custody of a security custodian bank registered with SEC during the lock-in period. The name and branch of the bank shall be furnished to the Commission jointly by the issuer and the issue managers, along with a confirmation thereof from the custodian bank, within one week of listing of the shares with the stock exchange(s). 28. In case of dematerialization of shares held by the existing Sponsors/ Directors/Shareholders, the copy of dematerialization confirmation report generated by CDBL and attested by the managing director of the company along with lock-in confirmation shall be submitted to SEC within one week of listing of the shares with the stock exchange(s). 29. The company shall apply to the stock exchanges for listing within 7(seven) working days of issuance of this letter and shall simultaneously submit to the Commission attested copies of the application filed with the stock exchanges. 30. The company shall not declare any benefit other than cash dividend based on the financial statement for the period ended December 31, 2007. Part-B 1. The issue managers (i. e. , Alliance Financial Services Limited and South Asia Capital Limited) shall ensure that the abridged version of the prospectus and the full prospectus is published correctly and in strict conformity without any error/omission, as vetted by the Securities and Exchange Commission. 2. The issue managers shall carefully examine and compare the published abridged version of prospectus on the date of publication with the copy vetted by SEC. If any discrepancy/inconsistency is found, both the issuer and the issue managers shall jointly publish a corrigendum immediately in the same newspapers concerned, simultaneously endorsing copies thereof to SEC and the stock exchange(s) concerned, correcting the discrepancy/inconsistency as required under ââ¬ËDue Diligence Certificatesââ¬â¢ provided with SEC. -9- Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited 3. Both the issuer company and the issue managers shall, immediately after publication of the prospectus and its abridged version, jointly inform the Commission in writing that the published prospectus and its abridged version are verbatim copies of the same as vetted by the Commission. 4. The fund collected through IPO shall not be utilized prior to listing with stock exchange and that utilization of the said fund shall be effected through banking channel, i. e. through account payee cheque, pay order or bank drafts etc. 5. The company shall furnish report to the Commission on utilization of IPO proceeds within 15 days of the closing of each quarter until such fund is fully utilized, as mentioned in the schedule contained in the prospectus, and in the event of any irregularity or inconsistency, the Commission may employ or engage any person, at issuerââ¬â¢s cost, to examine whether the issuer has utilized the proceeds for the purpose disclosed in the prospectus. 6. All transactions, excluding petty cash expenses, shall be effected through the companyââ¬â¢s bank account(s). 7. Proceeds of the IPO shall not be used for any purpose other than those specified in the prospectus. Any deviation in this respect must have prior approval of the shareholders in the General Meeting under intimation to SEC and stock exchange(s). 8. The company shall remove the restrictive clauses regarding issuance & transfer of shares and grouping of shares from its Articles of Association. Part C 1. All the above conditions imposed under section 2CC of the Securities and Exchange Ordinance, 1969 shall be incorporated in the prospectus immediately after the page of the table of contents, with a reference in the table of contents, prior to its publication. 2. The Commission may impose further conditions/restrictions etc. from time to time as and when considered necessary, which shall also be binding upon the issuer company. Part D 1. As per provision of the Depository Act, 1999 and regulations made there under, shares will only be issued in dematerialized condition. All transfer/transmission/splitting will take place in the Central Depository Bangladesh Ltd. (CDBL) system and any further issuance of shares (including right/bonus) will be made in dematerialized form only. An applicant (including NRB) shall not be able to apply for allotment of shares without beneficial owner account (BO account). 2. The issue managers shall also ensure due compliance of all above. GENERAL INFORMATION Alliance Financial Services Limited (AFSL) and South Asia Capital Limited (SACL) have prepared the prospectus from information supplied by BSRM Steels Limited (the Issuer Company) and also after several discussions with the Chairman, Managing Director, Directors and concerned executives of the company. BSRM Steels Limited, Alliance Financial Services Limited and South Asia Capital Limited collectively and individually, having made all reasonable inquiries, confirm that to the best of their knowledge and belief, the information contained herein is true and correct in all material aspects and that there are no other material facts, the omission of which, would make any statement herein misleading. No person is authorized to give any information or to make any representation not contained in this Prospectus and if given or made, any such information and representation must not be relied upon as having been authorized by the company or Alliance Financial Services Limited and South Asia Capital Limited. The Issue as contemplated in this prospectus is made in Bangladesh and is subject to the exclusive jurisdiction of the Courts of Bangladesh. Forwarding this prospectus to any person resident outside Bangladesh in no way implies that the issue is made in accordance with the laws of that country or is subject to the jurisdiction of the laws of that country. A copy of this prospectus may be obtained from the Corporate Head Office of BSRM Steels Limited, Alliance Financial Services Limited, South Asia Capital Limited, the Underwriters and the Stock Exchanges where the securities will be traded. ââ¬â 10 ââ¬â Issuer Issue Managers à ¦ à ¦ à ¦ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited Declarations and Due Diligence Certificates Declaration about the Responsibility of the Directors, including the CEO of the Company ââ¬Å"BSRM Steels Limitedâ⬠in Respect of the Prospectus This prospectus has been prepared, seen and approved by us, and we, individually and collectively, accept full responsibility for the authenticity and accuracy of the statements made, information given in the prospectus, documents, financial statements, exhibits, annexes, papers submitted to the Commission in support thereof, and confirm, after making all reasonable inquiries that all conditions concerning this public issue and prospectus have been met and that there are no other information or documents the omission of which make any information or statements therein misleading for which the Commission may take any civil, criminal or administrative action against any or all of us as it may deem fit. We also confirm that full and fair disclosure has been made in this prospectus to enable the investors to make a well-informed decision f or investment. Sd/ Alihussain Akberali Chairman Sd/Zohair Taherali Director Sd/Aameir Alihussain Managing Director* Sd/Tehseen Zohair Taherali Director Sd/Sabeen Aameir Director Consent of the Directors to Serve We hereby agree that we have been serving as Directors of ââ¬Å"BSRM Steels Limitedâ⬠and confirm to continue to act as Directors of the Company. Sd/ Alihussain Akberali Chairman Sd/Zohair Taherali Director Sd/Aameir Alihussain Managing Director* Sd/Tehseen Zohair Taherali Director Sd/Sabeen Aameir Director * Mr. Aameir Alihussain is also a shareholder Director of the company. Declaration about filing of Prospectus with the Registrar of Joint Stock Companies & Firms A dated and signed copy of the Prospectus has been filed for registration with the Registrar of J
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