Corporate DisclosurePREMIERBAN

PREMIERBAN Corporate Disclosure — 20 June 2016

Published
Last verified by BullBD

Announcement summary

What happened
PREMIERBAN published a corporate disclosure on 20 June 2016. Read the full announcement for details.
Company
The Premier Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided the following subject to approval of Bangladesh Bank, BSEC and other regulatory authorities: 1st Phase: to increase Paid up Capital of Premier Bank Securities Limited (PBSL), a 99.99% owned subsidiary Company of the Bank from Tk. 50.00 crore to Tk. 100.00 crore, which is within the limit of Authorized Capital by converting Bank's loan in to Paid up Capital of PBSL. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040061b37
Original publication
Last verified by BullBD
Translation
BullBD
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