A memorandum of understanding has been signed between the capital market listed Atlas Bangladesh Limited (ABL) and Runner Trade Park Limited (RTPL). The agreement was signed between the two companies for the production of helmets.
According to sources, Atlas Bangladesh and Runner Trade Park will set up a helmet manufacturing plant named “Atlas-Runner Helmet Plant”. However, it has not been informed how much production and how much profit can be made annually.
Note that Atlas Bangladesh Limited is a motorcycle importer and manufacturer owned by the Bangladesh government. It is a subsidiary of Bangladesh Steel and Engineering Corporation.
This information is known from DSE sources.
