Berger Paints will invest in associate company.

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Berger Paints will invest in associate company.

Berger Paints Bangladesh Limited, a listed company in the capital market, has decided to invest another Tk 2.25 million in its associate company. In the meeting of the board of directors of the company held on Sunday (November 10), it was decided to make new investment in the subsidiary company.

According to sources, Berger Paints will invest another 2 crore 24 lakh 90 thousand taka in its subsidiary Berger Tech Consulting Limited. Through which another 22 lakh 50 thousand ordinary shares of the company will be purchased.

Note that Berger Tech Consulting is a wholly owned subsidiary of Berger Paints. Berger Tech provides various services related to information technology.

This information is known from DSE sources.

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