Beacon Pharmaceuticals Ltd------- Prospectus

BEACON
Light for Life
Principal Terms and Conditions of Underwriting Agreements
1) If and to the extent that the shares offered to the public through a prospectus authorized hereunder shall not have
been subscribed and paid for in cash in full by the closing date, the Company shall within 10 (ten) days of the closure
of subscription call upon the underwriters in writing to subscribe the shares/debentures not so subscribed and ask the
underwriters to pay for them in cash in full within 15 (fifteen) days of the date of said notice and the said amount shall
have to be credited into shares subscription account within the said period.
2) If payment is made by Cheque /Bank Draft by the underwriter it will be deemed that the underwriter has not fulfilled
his obligation towards his underwriting commitment under his Agreement, until such time as the Cheque / Bank Draft
has been encashed and the Company's account credited.
3) In any case within 7 (seven) days after the expiry of the aforesaid 15(fifteen) days, the Company shall send proof of
subscription and deposit of share money by the underwriters to the Commission.
4) In case of failure by any underwriters to pay for the shares within the stipulated time, the Company/Issuer will be
under no obligation to pay any underwriting commission under this agreement.
5) In case of failure by the Company to call upon the underwriters for the aforementioned purpose within the stipulated
time, the Company and its directors shall individually and collectively be held responsible for the consequence and/or
penalties as determined by the Securities and Exchange Commission under the law.
Commission for the Underwriters
The company shall pay to the underwriter an underwriting commission at the rate of 0.25% of 50% of the IPO amount
(i.e. Tk. 150,000,000.00) of the issue value of shares underwritten by them out of the Public Issue.
Right of Underwriters on Company's Board
Underwriters have not acquired any right to have their representatives in the Board of Directors of the Company.
Officer or director of the underwriters acting as director of the company
No officer or Director of the underwriters is presently engaged as the Director of the Company.
ALLOTMENT
The company reserves the right of accepting any application, either in whole, or in part, successful applicants will be
notified by the dispatch on an allotment letter by registered post/courier. Letter of allotment and refund warrants will
be issued within 5 (five) weeks from the closing of the subscription list. After allotment the company will have to
transfer the shares to the allotee's Beneficiary Owners (BO) account, which has been mentioned in the application
form.
The company shall issue share allotment letter to all successful applicants, within 5(five) weeks, from the date of the
subscription closing date. At the same time, the unsuccessful application shall be refunded with the application money
within 5 (five) weeks from the closing of the subscription date, by Account Payee Cheque, without interest payable at
Dhaka/Chittagong/Khulna/Rajshahi/Barisal/Sylhet, as the case may be.
Where allotment is made, in whole or in part in respect of joint application, the allotment letter will be dispatched to
the person whose name appears first in the application form notwithstanding that the shares have been allotted to the
joint applicants. Where joint applicant is accepted in part, the balance of any amount paid on application will be
refunded without interest to the person named first in the application form.
PROSPECTUS
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