Subscription of 'SEML FBLSL Growth Fund' to open Dec 2
The public subscription of 'SEML FBLSL Growth Fund', a closed-end mutual fund, will be started on December 02.The growth fund, which is 10 years tenure, will raise a fund worth Tk 550 million from the public through initial public offering (IPO).The IPO subscription of the fund will be continued till...
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Stakeholders should work together for development of capital market: BSEC chief
The stakeholders should work together for further development of the country's capital market.Professor M. Khairul Hossain, the chairman of Bangladesh Securities and Exchange Commission (BSEC), said this on Wednesday when newly-elected leaders of the DSE Brokers Association of Bangladesh (DBA) called on him at his office."The ongoing development of the...
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LHBL opens Supercrete Bridge in Sunamganj
LafargeHolcim Bangladesh (LHBL) built a bridge on Gilatoli Canal, Doarabazar in Chhatak, Sunamganj as a part of its corporate social responsibility.The bridge will now facilitate thousands of villagers in commuting to Chhatak town and nearby places without the hazard of crossing the canal on foot. Kazi M Aminul Islam, Executive...
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KPCL's share slumps 7.5pc after BSEC move
Stocks ended almost flat on Wednesday after volatile trading as investors mostly followed cautious approach ahead of national elections.Market insiders said majority of the investors were not confident to put fresh stakes while some were busy with rebalancing their portfolio, taking the market in the flat zone.Share price of Khulna...
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Corporate houses launch CSR Network
A group of leading companies launched a platform named the "Corporate Responsibility Network" (CRN) to promote and ensure sustainable development in the country.This forum is the first of its kind in Bangladesh with an objective to promote Corporate Social Responsibilities (CSR) through knowledge sharing and integration of initiatives by various...
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News Briefs (29-11-2018)
Chinese co to invest $15min Summit TechnopolisBanglatronics Technology Ltd signed a lease agreement with Summit Technopolis for setting up mobile assembling and manufacturing factory in Kaliakoir, Gazipur. The outlay of about $2.0 million investment initially to be raised up to $15 million in phases with potential to employ about 500...
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Abu Reza Khan and Kevin Wang exchanging lease agreement document
Abu Reza Khan, Managing Director of Summit Technopolis and Kevin Wang, Chairman of Banglatronics Technology, exchanging a lease agreement document for setting up mobile assembling and manufacturing factory at Summit Technopolis in Kaliakoir, Gazipur. E Hongda, Director of Administration Committee of Shandong's Dezhou Economic and Technological Development Zone, Md Farid...
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Farzana Chowdhury and Md. Arfan Ali exchanging agreement documents
Farzana Chowdhury, Chartered Insurer, ACII (UK), Managing Director & CEO of Green Delta Insurance and Md. Arfan Ali, President & Managing Director of Bank Asia exchanging the agreement documents on behalf of their respective companies. Under this agreement, Green Delta's agricultural insurance will directly cover the credit of marginal farmers...
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DSE/CSE News in Brief (29-11-2018)
DSE NEWSChange of AGM dateIntech Limited: The company has further informed that due to unavoidable circumstances, their AGM will now be held on December 23, 2018 instead of earlier declared date December 13, 2018. Other information of the earlier disclosure will remain unchanged.Query responseRupali Life Insurance Company Limited: In response...
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Imran Ahmed FCA and M. Mustafizur Rahman Jewel exchanging documents
Imran Ahmed FCA, Chief Operating Officer of NRB Bank Limited, and M. Mustafizur Rahman Jewel, Head of Sales & Marketing of Dream Square Resort, exchanging documents after signing an agreement on behalf of their respective organisations at the bank's Corporate Head Office on Tuesday, for customer benefit. Under the agreement...
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Omar Farooque, Managing Director of Union Bank Limited, inaugurating the Zorargonj Branch
Omar Farooque, Managing Director of Union Bank Limited, inaugurating the Zorargonj Branch of the bank at Mirsaraiin, Chattogram as the chief guest on Tuesday where Hasan Iqbal, Deputy Managing Director and Md. Mainul Islam Chowdhury, Executive Vice President & Head of HRD, were present
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