Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 626 Fri. March 03, 2006  
   
Business


Rancon Motors signs deal with S Alam, Mostafa groups
Rancon Motors Ltd, the general distributor of Mercedes-Benz passenger and commercial vehicles in Bangladesh, signed an agreement with S Alam Group and Mostofa Group of Industries on Wednesday.

Under the deal, S Alam Group of Companies and Mostafa Group of Industries will exclusively operate the world's most prestigious Mercedes-Benz luxury AC coach for the next two years in Bangladesh, says a press release.

Romo Rouf Chowdhury, managing director of Rancon Motors Ltd, Md Saiful Alam Masud, chairman and managing director of S Alam Group, and Kafil Uddin, director of Mostafa group, signed the agreement on behalf of their respective organisations at a function in Chittagong.

Abdus Samad Labu, vice-chairman of S Alam Group, Hefazatur Rahman, managing director of Mostafa Group, Md Ariful Azim, head of operation, Masuduzzaman Subhani and Nasimul Gani, deputy managers (Sales) of Rancon Motors Ltd, were also present at the signing ceremony.

Picture
(Sitting from Left) Saiful Alam Masud, chairman and managing director of S Alam Group, Romo Rouf Chowdhury, managing director of Rancon Motors Ltd, and Hefazatur Rahman, managing director of Mostafa Group, pose for photographs after singing an agreement in Chittagong on Wednesday. Photo: Rancon Motors Ltd