IDLC The Company has informed that the Board of Directors of the Company has decided to set up a wholly-owned subsidiary Company of IDLC Finance Limited for establishing an Asset Management Company (AMC) and decided to apply to Bangladesh Bank, BSEC and other regulatory bodies for their approvals, with the following key features: Name of the Company: IDLC Asset Management Limited, Authorized Capital: Tk. 25.00 crore, Paid up capital: Tk. 6.00 crore, Nature of the entity: Private Limited Company, a wholly-owned subsidiary of IDLC Finance Limited. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July13 to Sep13), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 161.12 million with consolidated EPS of Tk. 1.00 as against Tk. 171.39 million and Tk. 1.07 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 361.71 million with consolidated EPS of Tk. 2.25 for the period of nine months (Jan13 to Sep13) ended on 30.09.2013 as against Tk. 560.83 million and Tk. 3.49 respectively for the same period of the previous year.
Posted on: Wed, 30 Oct 2013 14:45:49 +0000
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