InvestmentBARKAPOWER

BARKAPOWER Approves Tk 0 Crore Investment

Published
Last verified by BullBD

Announcement summary

What happened
BARKAPOWER approved a Tk 0 Crore investment.
Investment amount
Tk 0 Crore
Company
Baraka Power Limited
Announcement published

Original announcement

(Continuation news of BARKAPOWER): and Board of Directors of Baraka Power Limited has decided to invest 25% shares in Karnaphuli Power Limited. By way of cross holding (with Baraka Patenga Power's 51%), Baraka Power Limited's shareholding will be stood at 51.01% aggregately in Karnaphuli Power Limited. The required COD of the new plant is 15 months from the date of agreement signing. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005ee63
Original publication
Last verified by BullBD
Translation
BullBD
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