EarningsUPGDCL

UPGDCL Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
UPGDCL published a corporate disclosure on 16 September 2020. Read the full announcement for details.
Company
United Power Generation & Distribution Company Ltd.
Announcement published

Original announcement

The Company has informed that Board of Directors has taken the following investment decisions: i) To acquire 99 (Ninety Nine) percent Shares of United Anwara Power Limited (UAnPL), a 300 MW HFO fired power plant located at Anwara, Chattogram, effective 1st July, 2020 at Net Asset Value (NAV) based on the Financial Statements as on 30th June 2020 of (UAnPL) and ii) To acquire 99 (Ninety Nine) percent Shares of United Jamalpur Power Ltd. (UJPL), a 115 MW HFO fired (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056218
Original publication
Last verified by BullBD
Translation
BullBD
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