search the site
Beximco buys 5.25% shares of Bangladesh Shipping Corporation
After acquiring over 8 million shares, the company plans to join the state-run shipping line’s board of directors
Published : 14 Nov 2022, 11:17 AMUpdated : 14 Nov 2022, 11:17 AM
Beximco Ltd has acquired more than eight million shares of the Bangladesh Shipping Corporation, equating to 5.25 percent of its total holdings.
The company is now planning to join the state-owned shipping line’s board of directors, it said in a stock exchange filing on Monday.
In a separate filing, Beximco said its earnings per share declined to Tk 3.83 in the first quarter through September from Tk 4.11 a year earlier. The company’s net operating cash flow per share rose to Tk 2.94 in the same quarter from Tk 1.14 a year earlier.
Beximco shares remained flat in intraday trade on the Dhaka Stock Exchange.
On the other hand, the shares of Bangladesh Shipping Corporation gained as much as 2.55 percent.
Featured Post
The hijacking of M.V. Abdullah The hijacking of M.V. Abdullah By Ghulam Suhrawardi* Since the first hijacking of Bangladeshi vessel M.V. Jahan Moni in December 2010, M.V. Abdullah was the second vessel to encounter the same fate on March 12, 2024. KSRM Group, the parent company of SR Shipping Limited, owns both vessels. Based on […]
Candidates for Secretary-General of IMO Candidates for Secretary-General of IMO in International Shipping News 04/04/2023 Seven IMO Member States have each nominated a candidate for the post of Secretary-General of the International Maritime Organization (IMO). The term of the current incumbent, Mr. Kitack Lim of the Republic of Korea, expires on 31 December 2023. The nominations received […]
RECENT JOB OPENINGS
