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Showing posts from May, 2024

Bangladesh's largest conglomerate commenced Unsecured Zero Coupon Bond's subscription

The Beximco 1st Unsecured Zero Coupon Bond's subscription commenced in Dhaka.  The first tranche will conclude on May 15, 2024. Bangladesh Securities and Exchange Commission (BSEC) gave the approval on April 3, 2024, granting authorization to BEXIMCO Group to issue bonds totaling Tk1,500 crore. BEXIMCO Group is Bangladesh's largest conglomerate which currently has operations and investments across a wide range of industries including textiles, pharmaceuticals, PPE, ceramics, real estate development, construction, trading, marine food, information and communication technologies, media, DTH, financial services, and energy. BEXIMCO Group's subsidiaries export products to more than 55 countries worldwide. The company  has retail outlets in South Asia and Eastern Europe. It operates one of the largest integrated textile production businesses in Asia. Its main manufacturing base is the BEXIMCO Industrial Park in Gazipur, Bangladesh. Beximco Pharma, the group's pharmaceutical