The Company has informed that the Board of Directors has approved the investment proposal of purchasing 1,79,500 ordinary shares of Tk. 100.00 each at a consideration of Tk. 121.96 per share, amounting Tk. 2,18,91,820.00 of Bengal Petrochem and Synthetic Textiles Limited (BPSTL), a subsidiary Company. Therefore, total investment in Bengal Petrochem and Synthetic Textiles Limited of the Company shall stand to 99.94% from 80%.