InvestmentBARKAPOWER
BARKAPOWER Approves Tk 0 Crore Investment
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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