Deal inked for issuance of partially convertible bond

Rakeen Development Company (BD) Limited, the developer of the country's largest Integrated township "Bijoy Rakeen City", signed an agreement with Royal Green Capital Market Limited for the Issuance of Partially Convertible Bond of worth Tk 1.20 billion.

In the presence of Dr. Khater Massaad, Chairman of Rakeen Development Company (BD) Ltd. & Star Industrial Holdings, Managing Director of Rakeen Development Company (BD) Ltd. Mr. S. A. K Ekramuzzaman, Advisor of Royal Green Capital Market Ltd. Mr. Md. Ziaul Haque Khondker and Managing Director of Royal Green Capital Market Ltd. Mr. Md. Shah Alam exchanged the documents after signing the agreement on behalf of their respective organizations. High officials from both the organizations were also present for the occasion.

The construction work for the country's largest integrated township in Mirpur consisting of 1950 Apartments, Schools, Shopping Mall, Community Club, Mosque etc is in full progress. The construction activities are being carried out by ESLA Bangladesh, a subsidiary of Global construction group ESLA Construction based in Middle East.