Corporate DisclosureBRACBANK

BRACBANK Corporate Disclosure — 11 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
BRACBANK published a corporate disclosure on 11 November 2021. Read the full announcement for details.
Company
BRAC Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors of BRAC Bank, the majority shareholders of bkash Ltd. has approved the execution of share purchase and subscription agreement (agreement) amongst bkash and its existing shareholders, viz, BRAC bank, Money in Motion LLC, IFC, Bill & Melinda Gates Foundation, Alipay Singapore E-Commerce Private Limited and Board of Trustees of bkash Employee Share Option Plan Trust and the proposed investor, SVF II BEAM (DE) LLC (SoftBank). (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
618c984d03147376ea7aebd5
Original publication
Last verified by BullBD
Translation
BullBD
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