MT Nisos Delos, a used Aframax oil tanker, will be purchased by MJL Bangladesh PLC, a publicly traded company in the power and energy sector. which, at 4 crore 53 lakh dollars (or 544 crore taka in local currency), will be expensive.
On Sunday, December 29, the MJL Bangladesh Board of Directors held its 142nd meeting, during which a decision regarding the purchase of tankers was made. We know this information from DSE sources.
As per the sources, the decision was made at the MJL Bangladesh board meeting to retire the ship ‘MT Omera Legacy’ from the fleet, as it had reached the age of unusability. The board also made the decision to buy MT Nisos Delos, a used Aframax oil tanker.
The capacity of MT Nisos Delos is one lakh fifteen thousand 690 metric tons. The tanker can be used for about 12 years. The cost to buy the oil tanker will be 4 crore 53 lakh dollars, about 544 crore taka in local currency.
MJL Bangladesh was listed in the capital market in 2011. The paid up capital of the company is Tk 316 crore 75 lakh. It made a net profit of Tk 276 crore 63 lakh in the last financial year. At this time, the earnings per share (EPS) was 8 taka 71 paisa.
