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BEXIMCO

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BEXIMCO 13-Jul-2021

The Company has informed that as per consent letter No. BSEC/CI/Sukuk/IPO-316/2021-445 dated July 08, 2021 issued by Bangladesh Securities and Exchange Commission, the Board of Directors of the Company in their meeting held on 12th July, 2021 fixed the record date on July 19, 2021 for entitlement of rights to the existing shareholders of the Company to subscribe the Secured Convertible Asset Backed Beximco Green-Sukuk al Istisna for BDT 7.50 billion under private offer.

BEXIMCO 08-Jul-2021

(Continuation news of BEXIMCO): Face Value of Each Sukuk: BDT 100.00 Only, Minimum Subscription: BDT 5,000.00 i.e. 50 Beximco Green -Sukuk of BDT 100.00 each creating a lot. The consent has been accorded subject to the condition that the Originator shall comply with relevant laws and regulatory requirements and shall adhere to the conditions imposed under Section-2CC of the Securities and Exchange Ordinance, 1969. (end)

BEXIMCO 08-Jul-2021

(Continuation news of BEXIMCO): To produce electricity from renewable energy and transmit to the national grid and also for the expansion project i.e. financing and refinancing (non-interest bearing) of the textile machineries for expansion of the textile division of the Originator which shall ensure energy efficient production including waste water treatment waste prevention and recycling, Tenure: 5 Years i.e 60 months from the issuance Date, (cont. 3)

BEXIMCO 08-Jul-2021

(Continuation news of BEXIMCO): and BDT 7.50 Billion under Public Offer). Name of the Sukuk: Beximco Green-Sukuk at Istisna's ("Beximco Green-Sukuk"), Sukuk Size: BDT 30.00 Billion, Purpose: Beximco Green Sukuk al Istisna'a shall be issued by Beximco Green-Sukuk Trust as asset backed Shariah compliant security and the proceeds received from the subscription shall be utilized for the Solar Projects of Teesta Solar Ltd. And Korotoa Solar Ltd. (cont. 2)

BEXIMCO 08-Jul-2021

Refer to their earlier news disseminated on 24.06.2021, 01.04.2021 and 03.03.2021 regarding " BSEC consent for Issuance of BEXIMCO Green Sukuk ", the Company has further informed that Bangladesh Securities and Exchange Commission accorded consent to the Company as Originator for issuance of BEXIMCO Green-Sukuk of BDT 30.00 Billion (BDT 15.00 Billion under private placement Offer, BDT 7.50 Billion for existing Shareholders of BEXIMCO as rights option under private offer (cont. 1)

BEXIMCO 24-Jun-2021

(Continuation news of BEXIMCO): the two subsidiaries of Beximco Power Company Ltd. and financing and refinancing the machinery and equipment required for expansion of Beximco Ltd.'s Textile division. (end)

BEXIMCO 24-Jun-2021

(Continuation news of BEXIMCO): for Private Placement (BDT 7.50 billion for existing Shareholders and BDT 15.00 billion for other Investors) and BDT 7.50 billion under Public Offer by Bangladesh Export Import Company Limited as originator of BEXIMCO Green Sukuk through publication of Information Memorandum for the purpose of construction of the solar projects of Teesta Solar Ltd. and Korotoa Solar Ltd. (cont. 2)

BEXIMCO 24-Jun-2021

Refer to their earlier news disseminated on 01.04.2021 and 03.03.2021 regarding "Issuance of Secured Convertible Asset Backed Sukuk", the Company has further informed that Bangladesh Securities and Exchange Commission vide their letter dated June 23, 2021 has agreed in principle to accord consent for issuance of 5 years Secured Convertible or Redeemable Asset-Backed BEXIMCO Green Sukuk of BDT 30.00 billion out of which BDT 22.50 billion (cont. 1)

BEXIMCO 10-Jun-2021

The Company has informed that Mr. Osman Kaiser Chowdhury has been appointed as Managing Director of the Company for a period of 5 years effective from June 07, 2021 to June 06, 2026, subject to the approval of shareholders of the Company in the next Annual General Meeting.

BEXIMCO 07-Jun-2021

(Continuation news of BEXIMCO): Cyber Range at Military Institute of Science and Technology (MIST) and IT Lab at the Bangladesh Institute of Administration and Management (BIAM) Foundation. These achievements reinforce Beximco's IT Division?s commitment to participate and contribute to the digital transformation of Bangladesh initiated by the Government under the dynamic leadership of Prime Minister Sheikh Hasina." (end)

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