Sea Pearl to acquire 30% stake in Shamim Enterprise for Tk 33.91 crore

Sea Pearl Beach Resort & Spa Limited is going to acquire a 30 per cent stake in Shamim Enterprise (Pvt) Ltd (SEPL) at an investment of Tk 33.91 crore.

The board of directors of Sea Pearl has approved the investment in SEPL, according to a disclosure on the Dhaka Stock Exchange today. 

The company will acquire 33,908,160 shares of SEPL at Tk 10 at par subject to the approval of shareholders in the extraordinary general meeting, it said.