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Search date: 17-10-2019 Return to current date: Click here

Signing ceremony of redeemable, non-convertible, cumulative preference shares held

October 17, 2019 00:00:00


A signing ceremony of the redeemable, non-convertible and cumulative preference shares up to Tk 800.00 million for Zodiac Power Chittagong Limited was held at a hotel in the city recently. This is a 54.363 MW (net) HFO based Power Plant at Potiya, Chattogram where Dhaka Bank Limited is the 'Arranger' and 'Agent'

A signing ceremony of the redeemable, non-convertible and cumulative preference shares up to Tk 800.00 million for Zodiac Power Chittagong Limited was held at a hotel in the city recently, said a statement.

This is a 54.363 MW (net) HFO based Power Plant at Potiya, Chattogram. Dhaka Bank Limited is the 'Arranger' and 'Agent' for this Preference Shares arrangement.

Bangladesh Commerce Bank Limited, Bangladesh Infrastructure Finance Fund Limited (BIFFL), Trust Bank Limited and Dhaka Bank Limited are the participating subscribers in this transaction.

Syed Mahbubur Rahman, Managing Director & CEO of Dhaka Bank Limited, Imran Karim, Vice Chairman and Khalid Islam, Managing Director of Zodiac Power Chittagong Limited, Md. Ekhlasur Rahman, Additional Secretary, Finance Division, Ministry of Finance, and Executive Director & CEO (Additional Charge) of Bangladesh Infrastructure Finance Fund Limited, Md. Abdul Khaleque Khan, Managing Director & CEO of Bangladesh Commerce Bank Limited, Humaira Azam, Managing Director(Current Charge) of Trust Bank Limited along with other senior officials of the respective organisations were also present in the programme.


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