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Japanese firm Be Born Company Limited desires to buy 11 lakh shares of the openly provided Emerald Oil Industries at the dominating market value from the general public market with the Dhaka Stock Exchange (DSE).
In this respect, Be Born Co has actually lately composed to the taking care of supervisor of Emerald Oil.
On Sunday, Emerald Oil shares shut at Tk153.5 each. Therefore, the worth of the 11 lakh shares will certainly be virtually Tk17 crore.
Emerald Oil’s Managing Director Afzal Hossain informed The Business Standard, “After receiving the buy intimation letter from Be Born Co, we sent it to the Bangladesh Securities and Exchange Commission (BSEC) and the Dhaka bourse.”
In 2021, Minori Bangladesh– a subsidiary of one more Japanese firm Minori Co Limited– obtained BSEC authorization to spend Tk40 crore in Emerald Oil for bringing the business back right into manufacturing.
Minori Bangladesh’s Chairman Mia Mamun informed TBS, “Be …
