Corporate DisclosureCITYBANK
CITYBANK Corporate Disclosure — 7 June 2016
Announcement summary
- What happened
- CITYBANK published a corporate disclosure on 7 June 2016. 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 transfer 35,716,831 shares of IDLC Finance Ltd. to its subsidiaries at the prevailing market price on the transaction date subject to obtaining approval of Bangladesh Bank, BSEC and other Regulatory Authorities. After obtaining approval from Regulatory bodies, 24,885,352 shares will be transferred to City Bank Capital Resources Ltd. and 10,831,479 no. of shares will be transferred to City Brokerage Ltd.(cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040061c3b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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