Corporate DisclosureRAKCERAMIC

RAKCERAMIC Corporate Disclosure — 22 December 2014

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Last verified by BullBD

Announcement summary

What happened
RAKCERAMIC published a corporate disclosure on 22 December 2014. Read the full announcement for details.
Company
RAK Ceramics (Bangladesh) Limited
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has approved the offer of Gulf Pharmaceuticals Industries Julphar PJSC and its partner(s) to acquire 77.5% of the shares of RAK Pharmaceuticals Pvt. Ltd. and settle certain liabilities of RAK Pharmaceuticals Pvt. Ltd. For a total of USD 9,500,000.00. RAK Ceramics (Bangladesh) Limited holds 55% shares, i.e. 51,702,080 number of ordinary shares of RAK Pharmaceuticals Pvt. Ltd. The said (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b0000400654f0
Original publication
Last verified by BullBD
Translation
BullBD
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