Fareast Islami Life Insurance Company Limited (DSE: FAREASTLIF) agreed to acquire an additional 34.3% stake in Fareast Islami Securities Limited on April 21, 2013. Fareast Islami will acquire 17.15 million shares of Fareast Islami Securities. Following the completion of the deal, Fareast Islami Life Insurance will hold 49.65 million shares of Fareast Islami Securities representing 99.3% stake.
Fareast Islami Life Insurance Company Limited
Equities
FAREASTLIF
BD0725FILCL9
Life & Health Insurance
End-of-day quote
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5-day change | 1st Jan Change | ||
37.6 BDT | -2.84% | -9.62% | -49.87% |
1st Jan change | Capi. | |
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-49.87% | 25.59M | |
+3.05% | 95.15B | |
+1.78% | 94.71B | |
-20.65% | 77.24B | |
+18.68% | 74.93B | |
+6.69% | 30.04B | |
+18.06% | 27.87B | |
+4.32% | 26.97B | |
-1.21% | 16.99B | |
-9.10% | 15.16B |
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- Fareast Islami Life Insurance Company Limited agreed to acquire an additional 34.3% stake in Fareast Islami Securities Limited.