Corporate DisclosureBANKASIA
BANKASIA Corporate Disclosure — 21 December 2016
Announcement summary
- What happened
- BANKASIA published a corporate disclosure on 21 December 2016. Read the full announcement for details.
- Company
- Bank Asia PLC.
- Announcement published
Original announcement
The Company has informed that BSEC vide its letter No. BSEC/CI/DS-15/2014/722 dated December 21, 2016 has accorded consent for raising capital of the company through issuance of Floating Rate Non-convertible Subordinated Bond of Tk. 500.00 crore only divided into 500 bond of Tk. 1.00 crore each through private placement to other than existing shareholders of the Company subject to the NOC from Bangladesh Bank. Purpose of the proposed bond is to strengthen the capital base of the Bank.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b0000400606e5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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