LR Global acquired a 51% stake from its old sponsor-directors at a cost of Tk289.48 each, according to its annual report for fiscal year 2022-23. In addition to its former printing and packaging business, Quest BDC will focus on business process outsourcing, software development, financials services and other business. The six mutual funds are DBH First Mutual Fund, Green Delta Mutual Fund, AIBL 1st Islamic MF, MBL 1st Mutual Fund, LR Global Bangladesh Mutual Fund One and NCCBL Mutual Fund. Earlier in May 2022, LR Global had acquired an 8.96% stake at Agni Systems Limited — a publicly-listed internet services provider. Also, in 2019, LR Global initiated to invest a significant amount of taka in news portal Bdnews24.com.

Source: bd News24 February 10, 2024 16:47 UTC