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Metro Group (Bangladesh)
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] |
