The Company has informed that Midland Power Co. Ltd., a 49% associate of Shahjibazar Power Company Limited, has decided to transfer 11,66,450 shares from its total holdings i.e. 9,990,000 of Midland East Power Limited to Shahjibazar Power Company Limited in consideration of Tk. 11,664,500.00 only. Shahjibazar Power Company Limited has subsequently decided to acquire the said holdings of Midland East Power Limited, (cont.)