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It became a public limited company in 1998. [8] The operations in Pakistan continue as Kohinoor Chemical Company (Pvt) Ltd, a separate company. [10] Orion Group bought the state owned Kohinoor Chemical Company (Bangladesh) Limited, a deal made possible by the close friendship of the group chairman with Prime Minister Khaleda Zia, in 1993. [11]
Kallol Group of Companies was established in 1972. [5] Kallol Group of Companies signed a licensee agreement with the United Kingdom-based Fay International Limited to produce Fay branded tissues in Bangladesh. [5] Kallol Group started importing Fay tissue and distributing them in Bangladesh in 1987, the first to sell tissue in the country. [6]
Orion Group was established in 1985 as a pharmaceutical company. [8] Orion Pharmaceuticals is listed on the Dhaka Stock Exchange. [9]Orion Group bought the state owned Kohinoor Chemical Company (BD) Ltd, a deal made possible by the close friendship of the group chairman with Prime Minister Khaleda Zia, in 1993. [5]
Obaidul Karim is a Bangladeshi businessman and the founder and chairman of Orion Group. [1] He is the president of sporting club Mohammedan SC Limited. [2] He is an innovative, enterprising Bangladeshi business icon who has instrumented his success in the field of diversified business portfolios. [1] [3] [4]
The Saigol Group (Urdu pronunciation: [ˈsɛɡ.əl] SEG-uhl) is a group of companies headquartered in Lahore. It was founded by Amin Saigol in the 1930s with a small shop that eventually developed into the Kohinoor Rubber Works.
ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
The All Share Price Index (ASPI), which was hovering around the 500 mark in August 2001, surpassed the 2000 mark. [citation needed] This led CSE to be consistently dubbed one of the best-performing markets in the world. [citation needed] From 2002 to 2005, the CSE recorded a consistent annual growth of over 30% in the ASPI.