Corporate DisclosureIDLC

IDLC Corporate Disclosure — 30 October 2013

Published
Last verified by BullBD

Announcement summary

What happened
IDLC published a corporate disclosure on 30 October 2013. Read the full announcement for details.
Company
IDLC Finance PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has decided to set up a wholly-owned subsidiary Company of IDLC Finance Limited for establishing an Asset Management Company (AMC) and decided to apply to Bangladesh Bank, BSEC and other regulatory bodies for their approvals, with the following key features: Name of the Company: IDLC Asset Management Limited, Authorized Capital: Tk. 25.00 crore, Paid up capital: Tk. 6.00 crore, Nature of the entity: Private Limited Company, a wholly-owned subsidiary of IDLC Finance Limited.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b000040067497
Original publication
Last verified by BullBD
Translation
BullBD
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