Corporate DisclosureCITYBANK
CITYBANK Corporate Disclosure — 18 June 2017
Announcement summary
- What happened
- CITYBANK published a corporate disclosure on 18 June 2017. Read the full announcement for details.
- Company
- City Bank PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to sell its 12 katha land with construction work situated at Abdulllahpur, Uttara, Dhaka at current market value of Tk. 407,498,298.00 to its own subsidiary City Bank Capital Resources Ltd. (CBCRL). The Company will recognize capital gain of Tk. 260,512,600.00 through making the transaction.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f361
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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