& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Beximco’s 3 units to merge

Sarwar A Chowdhury
Three industrial units of the country's business conglomerate Beximco Group will be merged into one as part of its new business strategy.
Beximco Fisheries Ltd and Shinepukur Holdings Ltd, which have been in the red for the last five and two years respectively, will be amalgamated with Beximco Ltd, which is a profitable one, according to the Dhaka Stock Exchange (DSE) website.
The draft scheme of the amalgamation of the poorly performing Beximco Fisheries and Shinepukur Holdings, with Beximco has already been submitted to the High Court Division of Supreme Court for approval, sources said.
In addition, shareholders of Beximco Fishreies and Shinepukur, who are not getting dividends, will be benefited, as the new structure of the new company will be able to generate dividends for the sharchold -
ers by making profits.
One Beximco share will be offered for every two shares of Beximco Fisheries and Shinepukur Holdings that is subject to approval from the High Court Division of Supreme Court.
A senior official of Beximco Group said the next stages will be completed as per the legal procedures.
The amalgamation is not a new strategy for Beximco Group. Earlier in August of 2006, the group merged its four textile units into one unit.
Commenting on the issue, Yawer Sayeed, managing director and chief executive officer ofAIMSofBangladesh.said itis too early to say anything about the merger. "However, if the company performs well after the merger, it will positively affect the market and the shareholders will also be benefited," hesaid.
Beximco Fisheries, a food and allied manufacturing company, incurred a loss ofTk 11.40
lakh in 2006-07, while the loss was Tk 18 lakh in 2005-06 and Tk23.30 lakh in 2004-05.
Shinepukur Holdings, a sendees and real estate company, incurred a loss ofTk 18.59 crore in 2006-07, while the loss wasTk 1.06 crore in 2005-06.
On the other hand, Beximco Ltd, which has miscellaneous business segments, made a net profit after tax ofTk 5.54 crore in 2006-07, while the profit was Tk 13.21 crore in 2005-06 and Tk 17.74 crore in 2004-05.
During the three fiscal years, Beximco Ltd gave 15 percent bonus dividends for two years and five percent cash and 10 percent bonus dividends for one year to the shareholders.
Meanwhile, price indices on the premier bourse closed lower yesterday. The DSE General Index fell by 23.85 points, or 0.79 percent, to 2969.35 points, while the DSE All Share Price Index declined by 21.95 points, or 0.85 percent, to 2555.49 points. sarwar@thedattystar net