DBBL, Continental Hospital sign equity partnership deal
With a view to discharging social corporate responsibilities, Dutch-Bangla Bank Limited (DBBL) has decided to participate in the equity of Continental Hospital Limited, an international standard hospital being built in Gulshan in Dhaka.An agreement to this effect was signed between DBBL and Continental Hospital in Dhaka on Thursday. Abul Hashem Khan, deputy managing director (Operation), Shahidul Islam, head (Credit Division) of DBBL, Faridur Rahman Khan, managing director of Continental Hospital, and Ahmed Ismail Hossain, managing director of United Enterprises and Co, signed the deal on behalf of their companies. Under the deal, DBBL will participate in equity to the tune of Tk 360 million for implementation of the hospital project, says a press release. United Group is implementing the project in collaboration with KPJ Healthcare Berhad of Malaysia. The hospital is expected to go into operation by June 2005. Md Yeasin Ali, managing director of DBBL, and Hasan Mahmood Raja, chairman of United Group, among others, were present at the function.
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