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It has been decided to increase the capital of United LPG Ltd., our joint venture established in Bangladesh, of which we own 50% of the capital, from 100,000,000 Bangladesh Taka ("BDT") to 1.120.000.000 BDT (approximately 12,000,000 USD) and our Board of Directors resolved to participate in the capital increase and decided that 510,000,000 BDT (approximately 6,000,000 USD) corresponding to our 50% share, will be committed in cash by our company, free of collusion, and paid by July 30, 2021. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.