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Nestlé Pakistan Limited (/ ˈ n ɛ s l eɪ / NESS-lay), a subsidiary of the Swiss multinational Nestlé, is a leading food and beverage company based in Lahore, Pakistan. [2] It produces and markets a diverse range of products, including dairy , confectionery , coffee , beverages , infant nutrition, and bottled drinking water .
It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. [ 2 ] It has a combined market capitalization of over US$ 38 billion as of 2020.
Bangladesh Academy for Securities Market (BASM) was established in July 2019 as the academic unit of Bangladesh Securities and Exchange Commission. [11] Two professors of the University of Dhaka, Shaikh Shamsuddin Ahmed and Mizanur Rahman, were appointed commissioners of Bangladesh Securities and Exchange Commission on 20 May 2020 for 4 years. [12]
No individual or firm can buy more than one share. According to the stock market rule, only members can participate on the floor and buy shares for themselves or their clients. At present, it has 238 members. The market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on 9 December 2009.
Central Depository Bangladesh Limited is an associate member of the South Asian Federation of Exchanges. [1] The president of Chittagong Stock Exchange, Fakhor Uddin Ali Ahmed, asked Central Depository Bangladesh Limited to reduce their fees to increase the confidence of stock market investors in September 2011. [12]
Sold to Nestle: The Kraft frozen pizza division is now part of Nestle D.S.D. (direct store delivery). Touch of Butter Dairy North America 1995 Sold to Nabisco Brands, Inc. Nabisco's butter business was sold to ConAgra Foods in 1999. It is now discontinued. Trolli U.S. Confectionery: North America 2000 2005 Sold to Wm. Wrigley Jr. Company
Syed Babar Ali was born on 15 January 1926, [2] [6] to a businessman, Syed Maratib Ali, in Lahore, Pakistan.His father owned shops in the Walled City of Lahore and was a top contractor of the British Indian Army supplying them with services like logistics and all sorts of items used in regiments.
Nestlé Lanka was listed on the Colombo Stock Exchange in 1981. The company has 1,200 employees and 23,000 distributors, suppliers and farmers. The company was renamed in 1980 as Nestlé Lanka PLC before being listed on the Stock Exchange. [4] The company was delisted from Colombo Stock Exchange in 9 August 2023.