Corporate DisclosureIPDC

IPDC Corporate Disclosure — 13 September 2015

Published
Last verified by BullBD

Announcement summary

What happened
IPDC published a corporate disclosure on 13 September 2015. Read the full announcement for details.
Company
IPDC Finance PLC.
Announcement published

Original announcement

The Company has informed that Aga Khan Fund For Economic Development S.A (AKFED), Majority shareholder of IPDC, has signed a share purchase agreement on 10 September 2015, to sell and dispose 50,500,190 shares out of 64,453,634 shares of AKFED in the Company to BRAC, Ayesha Foundation and RSA Capital Limited. The Share Purchase Agreement and the disposal of the shareholding are subject to the necessary regulatory formalities and approval in compliance with the laws of Bangladesh.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b000040063a6e
Original publication
Last verified by BullBD
Translation
BullBD
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