Corporate DisclosureBANKASIA

BANKASIA Corporate Disclosure — 30 October 2014

Published
Last verified by BullBD

Announcement summary

What happened
BANKASIA published a corporate disclosure on 30 October 2014. Read the full announcement for details.
Company
Bank Asia PLC.
Announcement published

Original announcement

The Company has informed that BSEC vide its letter dated October 29, 2014 has given consent for raising of capital of Bank Asia Limited through issuance of Floating Rate Non-Convertible Subordinated Bond of Tk. 300.00 crore only divided into 30,000 bond of Tk. 100,000.00 each through private placement to other than existing shareholders of the Company subject to NOC from Bangladesh Bank. Purpose of the proposed bond is to strengthen the capital base of the Company.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b000040065af3
Original publication
Last verified by BullBD
Translation
BullBD
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