Advanced Chemical Industries (ACI) PLC has announced the launch of a new subsidiary named ACI Biosciences Limited, with an authorized capital of BDT 1 billion. ACI will hold 90% of the shares, pending regulatory approval. Despite recent financial losses, including a loss of BDT 9.11 per share in the first three quarters of 2024-25, the company continues to invest in growth. ACI’s latest credit rating remains strong, reflecting confidence in its long-term stability.
Advanced Chemical Industries (ACI) PLC, a company listed in the pharmaceuticals and chemicals sector, has decided to launch a new subsidiary. This decision was made at the company’s 224th board meeting. The information was reported yesterday by the Dhaka Stock Exchange (DSE).
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