AB Bank wants to sell its stakes in Lafarge Surma Cement
Star Business Report
Arab Bangladesh (AB) Bank Ltd, one of the corporate directors of Lafarge Surma Cement Ltd, has announced to sell its entire holding stakes in the cement company.The AB Bank made its intention to sell the shares at the market price through the block/odd lot market of the premier bourse within the next 30 working days by filing a letter with the Dhaka Stock Exchange (DSE) yesterday, DSE sources said. AB Bank holds a total of 10,86,176 shares in the Lafarge Surma Cement. Meanwhile, share price of Lafarge Surma Cement went down by Tk 11.75 or 3.88 percent to close at Tk 433.25 yesterday on the DSE. A total of 51,900 shares of Lafarge Surma Cement worth Tk 2.26 crore were traded on the DSE yesterday.
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