Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 56 Wed. July 21, 2004  
   
Business


Midas to extend loan to Al-Hassan Products buyers
Midas Financing Limited (MFL) will extend credit facilities to customers of Aqua Air brand air-conditioner and other electronic goods marketed by Al-Hassan International Ltd.

A memorandum of understanding (MoU) to this effect was signed between the two companies, says a press release.

Managing Director of MFL Md Abdur Rashid Gazi and Managing Director of Al-Hassan International Md Khairul Hassan signed the MoU on Sunday in Dhaka.

Among others, MFL Senior General Manager Golam Sarwar Bhuiyan, GM (Credit & Investment) Shafique-ul-Azam, GM (Finance & Accounts) AKM Farid and Chairman of Al-Hassan Group Md Khabir Uddin Miah, Director (Technical) Md Ansar Ali were present.

The loans are to be repaid on monthly installments.