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IN BRIEF: Camellia notes possible sale of Bangladesh companies

31st Oct 2024 18:50

Camellia PLC - Kent, England-based agricultural firm - Notes announcements by United Finance Ltd and United Insurance Company Ltd, its Bangladesh-listed associate companies operating in the finance and insurance sectors. Confirms that certain of its subsidiaries have agreed in principle to sell their entire holdings in United Finance and United Insurance Company by way of block trades on the Dhaka Stock Exchange, subject to receipt of required regulatory approvals in Bangladesh.

A further announcement will be made in due course as appropriate.

Current stock price: 4,425.00 pence

12-month change: down 3.0%

By Holly Beveridge, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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