(continuation news of CONFIDCEM):
the ordinary shares of 2 private limited companies, namely Energypac Confidence Power Venture Limited and ECPV Chittagong Limited, will be sold to Energypac Power Generation Limited and its nominees. Selling consideration from the investment will be Tk. 807,864,965.00 and total carrying value of the investment in those two Companies will be Tk. 744,095,173.00; which will raise profit by Tk. 63,769,792.00. (end)