Corporate DisclosureBEXIMCO
BEXIMCO Corporate Disclosure — 3 March 2021
Announcement summary
- What happened
- BEXIMCO published a corporate disclosure on 3 March 2021. Read the full announcement for details.
- Company
- Bangladesh Export Import Company Ltd.
- Announcement published
Original announcement
(Cont. of BEXIMCO): Conversion Option: Sukuk holders shall have the option to convert up to 100% of their respective investment in the sukuk into ordinary shares of Beximco Ltd. within 5 years as follows: i. 20% convertible at the option of the Sukuk holders per annum; ii. Conversion option can be exercised at a multiple of 5%, i.e. 5%, 10%, 15% and 20%; iii. a single year's un-exercised option can be carried forward to the subsequent years and may be exercised along with current year's option. (Cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040054262
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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