Bangladesh's Corporate World

High Commissioner of Malaysia to Bangladesh Haznah Md Hashim, along with the officials of the Malaysian High Commission have visited Beximco Industrial Park recently. Beximco Group Director and CEO Syed Naved Husain welcomed them at Beximco Industrial Park, reads a press release.   The High Commissioner was highly impressed with the advanced technologies deployed by Beximco in its Vertical Manufacturing Units and the extensive measures taken to achieve a global leadership position in Sustainability. The High Commissioner also visited Shinepukur Ceramics which produces fine Porcelain tableware products and high-end Bone-China to customers including Royal Doulton, Royal Albert and others.

  Beximco Green Sukuk al Istisna’a will give 5.8 per cent or Tk 174 crore as return to its sukukholders for the first six months of the first year.The trustee Investment Corporation of Bangladesh made the decision at a trustee committee meeting on June 2   The trustee set June 22 as record date for finding the eligible sukukholders for the entitlement of the return. The 5.8 per cent return would be payable on face value of sukuk Tk 100 each. Earlier on July 8 , 2021 , the BSEC gave approval to BEXIMCO for issuing Tk 3,000 crore Shariah-compliant green Sukuk and the sukuk made debut on January 13 this year.   Beximco Green Sukuk al Istisna’a is issued by Beximco Green-Sukuk Trust as an asset backed Shariah compliant security and the proceeds received from the subscription will be utilised for solar projects of Teesta Solar Ltd and Korotoa Solar Ltd. The tenure of the green Sukuk is five years or 60 months from the issuance date. The face value of each Sukuk...