News Briefs (04-12-2018)

Saif Powertec to invest in subsidiary company

The board of directors of Saif Powertec has decided to invest Tk 32.50 million in Saif Port Holdings, a subsidiary of the Saif Powertec. Saif Port Holdings will carry on all or any business of all engineering works in the field of civil, mechanical, electrical, chemical and meteorological engineering constructor, said a disclosure posted on the Dhaka Stock Exchange (DSE) on Monday. The Saif Port Holdings will also work with consultation and performing undertaking to execute contracts to design, plan and control, construction of any buildings, road, bridges, railways of different project of BPDB, DESA, WASA, DPDC, DESCO to construct waterways, dock yards, sea port, land port, river port, airport, any type of port related works and operation etc, it said. — FE Report

Board meeting

Agricultural Marketing Company Ltd. (Pran): As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on December 08, 2018 at 3:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.

Mithun Knitting and Dyeing (CEPZ) Ltd.: The board meeting of the company will be held on December 05, 2018 at 4:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.

— DSE/CSE Online