Corporate DisclosureUPGDCL
UPGDCL Corporate Disclosure — 23 June 2019
Announcement summary
- What happened
- UPGDCL published a corporate disclosure on 23 June 2019. Read the full announcement for details.
- Company
- United Power Generation & Distribution Company Ltd.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to acquire 75%, equivalent to 3,00,000 ordinary shares of Leviathan Global BD Ltd. (LGBDL) at Face Value of Tk. 10.00 per share each, held by United Enterprises & Co. Ltd. (UECL) which is a wholly owned subsidiary company of UPGDCL. LGBDL is a 50 MW IPP gas fired power plant having a contract period of 30 years (extendable for further 30 years), built under joint venture with Leviathan Global BD Ltd., USA (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005996b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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