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UCB Investment declares closure of Fair Electronics

UCB investment has announced the successful closure of Fair Electronics Preference Share worth Tk 2,000 million. The programme was held on 22 June 2022 at Sheraton Hotel on the city. Fair Electronics Limited has recently raised Tk 2,000 million from 6 different banks through issuing non-convertible, cumulative and redeemable preference shares to maintain sustainable business growth.Ruhul Alam Al Mahbub, Chairman and MD, Fair Electronics Limited, Arif Quadri, MD and CEO, UCB, Tanzim Alamgir, MD and CEO, UCB Investment, Md. Ahsan uz Zaman, MD and CEO, Midland bank, Golam Awlia, MD and CEO, NRB commercial bank, Md. Monzur Mofiz, MD, ONE bank, Md. Khalid Mahmood Khan, DMD, Mutual Trust bank, and Muhammad Nurul Afsar, SVP and chief financial officer, NRB bank limited were also present.

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