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Best Holdings Limited
Metro Group () is a Bangladeshi diversified conglomerate based in Dhaka. It is the parent company of Best Holding Limited which owns Le Meridien Dhaka. History Al- Amin Construction Company Limited in 1970. In the 1980s, Central Pharmaceuticals Limited was established after the liberalization of the pharmaceutical market in Bangladesh by GETCO Group (Greenland Engineers & Tractors Company) and BanglaCAT (Bangla Trac Group). In 1993, Central Pharmaceuticals Limited was purchased by Metro Group. Amin Ahmad is the managing director and founder of Best Holding Limited and Hasan Ahmad is the chairman of Best Holding Limited. In 2006, Mayor of Dhaka City Corporation, Sadeque Hossain Khoka, signed an agreement with Amin Associates Overseas Company Limited, a subsidiary of Metro Group, to build a 20 floor tower on the site of DCC market. Since then, the group has been involved in the legal battle over the ownership with the shop owners of the market who were left out of the negotiati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhaka Stock Exchange
The Dhaka Stock Exchange (DSE) ( bn, ঢাকা স্টক এক্সচেঞ্জ ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In 2021, the combined market capitalisation of listed companies on the Dhaka bourse stood at over $68 billion. History First incorporated as East Pakistan Stock Exchange Association Ltd on 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd on 23 June 1962. Again renamed as Dacca Stock Exchange Ltd on 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, on 16 September 1986 DSE was started. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993. The automated trading was initiated on 10 August 1998 and started on 1 January 2001. A central securities depository sys ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1971 Establishments In Bangladesh
* The year 1971 had three partial solar eclipses ( February 25, July 22 and August 20) and two total lunar eclipses (February 10, and August 6). The world population increased by 2.1% this year, the highest increase in history. Events January * January 2 – 66 people are killed and over 200 injured during a crush in Glasgow, Scotland. * January 5 – The first ever One Day International cricket match is played between Australia and England at the Melbourne Cricket Ground. * January 8 – Tupamaros kidnap Geoffrey Jackson, British ambassador to Uruguay, in Montevideo, keeping him captive until September. * January 9 – Uruguayan president Jorge Pacheco Areco demands emergency powers for 90 days due to kidnappings, and receives them the next day. * January 12 – The landmark United States television sitcom ''All in the Family'', starring Carroll O'Connor as Archie Bunker, debuts on CBS. * January 14 – Seventy Brazilian political prisoners a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Best Holdings Limited
Metro Group () is a Bangladeshi diversified conglomerate based in Dhaka. It is the parent company of Best Holding Limited which owns Le Meridien Dhaka. History Al- Amin Construction Company Limited in 1970. In the 1980s, Central Pharmaceuticals Limited was established after the liberalization of the pharmaceutical market in Bangladesh by GETCO Group (Greenland Engineers & Tractors Company) and BanglaCAT (Bangla Trac Group). In 1993, Central Pharmaceuticals Limited was purchased by Metro Group. Amin Ahmad is the managing director and founder of Best Holding Limited and Hasan Ahmad is the chairman of Best Holding Limited. In 2006, Mayor of Dhaka City Corporation, Sadeque Hossain Khoka, signed an agreement with Amin Associates Overseas Company Limited, a subsidiary of Metro Group, to build a 20 floor tower on the site of DCC market. Since then, the group has been involved in the legal battle over the ownership with the shop owners of the market who were left out of the negotiati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chowdhury Nafeez Sarafat
Chowdhury is a title of honour, usually hereditary, originating from the Indian subcontinent. It is an adaption from Sanskrit. During the Mughal rule, it was a title awarded to eminent people, while during British rule, the term was associated with zamindars and social leaders. The common female equivalent was Chowdhurani. Many landlords under the Permanent Settlement carried this surname. Land reforms after the partition of India abolished the permanent settlement. In modern times, the term is a common South Asian surname for both males and females. Meaning and significance "Chowdhury" is a term adapted from the Sanskrit word ''caturdhara'', literally "holder of four" (four denoting a measure of land, from ''chatur'' ("four") and ''dhara'' ("holder" or "possessor")). The name is a Sanskrit term denoting the head of a community or caste. It was a title awarded to persons of eminence, including both Muslims and Hindus, during the Mughal Empire. It was also used as a title by mil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Corporation Of Bangladesh
Investment Corporation of Bangladesh (ICB) ( bn, বাংলাদেশ বিনিয়োগ সংস্থা) is a statutory corporation of Government of the People's Republic of Bangladesh, established on 1 October 1976 under No. 40 of ''Investment Corporation of Bangladesh Ordinance, 1976''. It is mainly an investment bank operating in Bangladesh, established to accelerate the pace of industrialization and to develop a sound securities market in Bangladesh. ICB is one of the largest investors in share market of Bangladesh. Investing in share market, providing loans and advances, acting as manager/trustee/custodian of mutual funds are some of main activities of ICB. It's the most successful state-owned corporation of Bangladesh in terms of profitability. Classification of shareholders, as on 30 June 2013, shows that Government of the People's Republic of Bangladesh holds 27% of the shares of ICand it is enlisted in Dhaka Stock Exchange, Dhaka and Chittagong stock exchan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AKASH DTH
Bangladesh Export Import Company Limited ( Bangla Transliteration: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড, romanised: ''Bānglādēsh ēkspōrṭ impōrṭ kōmpāni limiṭēḍ''), commonly known by its trade name BEXIMCO ( Bangla: বেক্সিমকো) ( DSE: BEXIMCO CSE: BEXIMCO), is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s. Beximco is Bangladesh's largest conglomerate, with the largest market capitalisation on the country's stock market. BEXIMCO's subsidiaries export products to 55 countries worldwide. It has retail outlets in South Asia and Eastern Europe. Beximco 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 producer, was the first Banglad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonali Bank
Sonali Bank Limited ( bn, সোনালী ব্যাংক লিমিটেড) is the principal state-owned leading public commercial bank in Bangladesh. It is the largest bank in the country. Ziaul Hasan Siddiqui is the chairman of the Bank. Niranjan Chandra Debnath and Sanchia Binte Ali are the deputy managing directors of the bank. History Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. When it was established, Sonali Bank had a paid up capital of 30 million Bangladeshi taka, taka. From 1996 to 1999, Dr Atiur Rahman served as a director of Sonali Bank. In 2001, its authorised and paid up capital were Tk 10 billion and Tk 3.272 billion respectively. Presently, its authorised and paid up capital is Tk 10 billion and Tk 9 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rupali Bank Limited
Rupali Bank ( bn, রূপালী ব্যাংক) is a state owned commercial bank in Bangladesh. Its headquarters is in 34 Dilkusha, Dhaka. Kazi Sanaul Haque is the chairman of the bank. Mohammad Jahangir is the managing director of the bank. History Rupali Bank Limited was constituted with the merger of 3 erstwhile commercial banks i.e. Muslim Commercial Bank Limited, Australasia Bank Limited and Standard Bank which operated in the then East Pakistan on 26 March 1972, under the Bangladesh Banks (Nationalization) Order 1972. Rupali Bank worked as a nationalized commercial bank until 13 December 1986. When the Bank went public but the majority of the shares are still retained by the Government. Rupali Bank Limited emerged as the largest Public Limited Banking Company of the country on 14 December 1986. Rupali Bank automated its foreign exchange services in January 1999. From 1994 to 2003, Hafiz Ibrahim, member of parliament from Bhola served as the director of Rupali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Janata Bank
Janata Bank Ltd. ( bn, জনতা ব্যাংক লিমিটেড) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. It is the second largest commercial bank in Bangladesh. In 2019, Janata Bank had a fiscal deficit of 82.56 billion taka, the highest of any bank in Bangladesh ever. It's the worst performing public bank in Bangladesh. History Following the independence of Bangladesh from Pakistan at the Bangladesh Liberation War of 1971, Janata Bank Limited was formed combining the then United Bank Limited and Union Bank Limited under the Bank Nationalization Ordinance of 1972 (President's Order 26). In March 2004, managing director of the bank, Murshid Kuli Khan, visited Greece to study the feasibility of remittance from the country. The management of Janata Bank was changed under the Enterprise Growth and Bank Modernization Project' (EGBMP) which has been taken in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agrani Bank
Agrani Bank Limited (ABL) ( bn, অগ্রণী ব্যাংক) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. Murshedul Kabir is the CEO and managing director of Agrani Bank. History Agrani Bank Limited was established on 26 March 1972 by combining two abandoned Pakistani banks, Commerce Bank and Habib Bank. The bank is fully owned by the Government of Bangladesh. M. Fazlur Rahman was the first managing director of the bank. Agrani Bank is governed by a board of directors consisting of 12 members headed by a chairman. In 1995, Agrani Bank installed the first Automated teller machine in Bangladesh at the Jatiya Press Club. In 2006, Purbo Banglar Communist Party, demanded toll from six branches of Agrani Bank. In 2007, Agrani Bank, led by chairperson Siddiqur Rahman Choudhury, along with two other state owned banks, Sonali Bank Limited and Janata Bank Limited, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shakib Al Hasan
Shakib Al Hasan (Bengali: সাকিব আল হাসান; born 24 March 1987) is a Bangladeshi cricketer and current captain of the Bangladesh national cricket team in Tests and T20Is. He plays for Barishal in domestic cricket as an all-rounder. He is currently the number 1 ranked all-rounder in ODI cricket. and is widely considered to be one of the greatest all-rounders of all time. He is known for his aggressive left-handed batting style in the middle order and controlled slow left-arm orthodox bowling.He was ranked the 90th most famous athlete in the world by ESPN. As of 2022, he has taken the most wickets at T20 World Cups. Shakib Al Hasan made his test debut in 2007 against India. His breakthrough came in the Test against New Zealand in Chittagong in 2008. He picked up 7/36, which to date is the best figure by a Bangladeshi bowler. In the 2012 Asia Cup, Shakib scored 237 runs, including three fifties, and took six wickets. Bangladesh progressed to the tournament's f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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