31 May 2017, 12:47:03
Paramount Textile to form consortium for power plant
FE Online Report
The board of directors of Paramount Textile has decided to form a consortium named Paramount-Aggretech Energy Consortium for establishing a 100 MW HFO Fired Engine Based Power Plants in Shirajgonj, said an official disclosure on Wednesday.
The consortium will be formed with Paramount Spinning, Paramount Holdings and Aggretech AG, Germany for establishing a 100 MW HFO Fired Engine Based Power Plant on Build, Own and Operate (BOO) Basis upon getting permission from the concerned authority at Baghabari, Sirajgonj, Bangladesh under Bangladesh Power Development Board (BPDB), said the disclosure.
The board of directors of Paramount Textile has also decided to act as the lead member and contribute 55 per cent share capital of the total share capital of the consortium amongst the members of the consortium.
Each share of Paramount Textile, which was listed on the Dhaka bourse in 2013, closed at Tk 32.70 on Tuesday on DSE.
The company’s paid-up capital is Tk 1.17 billion and authorised capital is Tk 2.0 billion, while the total number of securities is 117.32 million.
The sponsor-directors own 60.75 per cent stake in the Paramount Textile, while institutional investors own 10.78 per cent, and general public 28.47 per cent as on April 30, 2017, the DSE data shows.
Paramount Textile to form consortium for power plant
FE Online Report
The board of directors of Paramount Textile has decided to form a consortium named Paramount-Aggretech Energy Consortium for establishing a 100 MW HFO Fired Engine Based Power Plants in Shirajgonj, said an official disclosure on Wednesday.
The consortium will be formed with Paramount Spinning, Paramount Holdings and Aggretech AG, Germany for establishing a 100 MW HFO Fired Engine Based Power Plant on Build, Own and Operate (BOO) Basis upon getting permission from the concerned authority at Baghabari, Sirajgonj, Bangladesh under Bangladesh Power Development Board (BPDB), said the disclosure.
The board of directors of Paramount Textile has also decided to act as the lead member and contribute 55 per cent share capital of the total share capital of the consortium amongst the members of the consortium.
Each share of Paramount Textile, which was listed on the Dhaka bourse in 2013, closed at Tk 32.70 on Tuesday on DSE.
The company’s paid-up capital is Tk 1.17 billion and authorised capital is Tk 2.0 billion, while the total number of securities is 117.32 million.
The sponsor-directors own 60.75 per cent stake in the Paramount Textile, while institutional investors own 10.78 per cent, and general public 28.47 per cent as on April 30, 2017, the DSE data shows.
