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Beximco stocks fall despite Tk3,000cr Sukuk plan
Star Business Report
Star Business Report
Stocks of Beximco Limited dropped 1.64 per cent to Tk 84 yesterday despite the company s announcement that it would issue Sukuk bonds worth Tk 3,000 crore.
The listed multinational conglomerate informed its investors about the bond through a disclosure published on the website of Dhaka Stock Exchange (DSE).
Beximco will issue the bonds in order to finance solar projects and expand its textile factory.
DSEX, the benchmark index of the country s premier bourse, was also reluctant to move following the announcement as it dropped 20 points, or 0.36 per cent, to stand at 5,488. ....

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