News Briefs--(07-03-2018)

Raj Lanka Power to go public

Green Delta Capital Limited (GDCL) and Raj Lanka Power Company Limited (RLPCL) Tuesday entered into an Issue Management Agreement for issuance of IPO in Bangladesh under Book Building Method. Rajlanka Power Company Limited (RLPCL) is a subsidiary of Lakdhanavi Ltd (LAK) of Sri Lanka which is a subsidiary of LTL Holdings (Pvt) Ltd, a leading power sector engineering conglomerate in Sri Lanka. Mr. Md. Rafiqul Islam, Managing Director & CEO of Green Delta Capital Limited and Mr. U GaminiSarath, Director of Raj Lanka Power Company Limited have signed the agreement on behalf of their respective organisations. Nasir A Choudhury, Chairman of GDCL; Thamaka Thimbiripola, Country Manager of RLPCL, Finance Head, Md. Suman of RLPCL along with other officials from both GDCL and RLPCL were present in this signing ceremony. Raj Lanka Power Company Limited (RLPCL) incorporated in August, 2011 will set up a 52.2 MW Heavy Fuel Oil (HFO) based power plant in Natore Sadar, Natore, Bangladesh.— Statement

IBBL holds clients' get together

Islami Bank Bangladesh Limited Dhaka North Zone organised a client get together on the occasion of Cash Waqf Campaign at Nikunja Branch, Dhaka on Monday. Major General (Rtd.) Engr. Abdul Matin, Chairman, Executive Committee of the bank attended the programme as Chief Guest while Mohammad Ali, Deputy Managing Director and Md. Shamsul Huda, Executive Vice Presiedent of the Bank were present as Special Guests. Presided over by Md. Aminur Rahman, Senior Vice President & Head of Dhaka North Zone, the program was addressed by Moulana Md. Shah Alam Khan, Khatib, Khilkhet Battola Jame Mosjid as Chief Discussant. — Statement