Mr. Morshed Alam, Chairman of Bengal Group of Industries and Mrs. Morshed Alam has set a courtesy meeting with H.E. Sri Pranab Mukherjee, President of India at the Rashtrapati Bhavan, New Delhi.
Mutual Trust Bank Limited (MTB) was awarded Mandate by Bengal Hotel & Resorts Ltd.
Mutual Trust Bank Limited (MTB) was awarded Mandate by Bengal Hotel & Resorts Ltd. (a concern of Bengal group) to finance their upcoming hotel project in Gulshan 1, opposite to Hatirjheel. The hotel named, Swissotel Dhaka will be the first Swissotel in Bangladesh.
The Swissôtel Management GMBH and the Bengal Hotels and Resorts Limited, a concern of Bengal Group, came into a hotel management agreement on April 2013. In the agreement the parties have agreed to share brand name and trademarks for the marketing, operation and management purposes of the hotel. The future commercial hotel will be developed in the prime location of Dhaka, Bangladesh by the year of 2018.
A ceremony was held at MTB Centre, Gulshan recently. Mr. Morshed Alam, MP, Chairman, Mr. Jashim Uddin, Vice Chairman, and Mr. Humayun Kabir, Director, Bengal Group of Industries, Mr. Anis A. Khan, Managing Director & CEO, Mr. Md. Hashem Chowdhury, Additional Managing Director, Mr. Md. Zakir Hussain, Deputy Managing Director, Mr. Syed Rafiqul Haq, Deputy Managing Director, MTB along with other top officials from Bengal Group and MTB were present.
Bengal Windsor Thermoplastic Ltd. Achieved Yellow Grade
Bengal Windsor Thermoplastic Ltd. has been awarded Yellow Grade by US based world famous retailer Wal-Mart. Wal-Mart has certified the company as Yellow Grade for maintaining good work environment as per Walmart requirements towards labor law and worker facilities, maintaining working hours & pays as per labor laws, resourceful activists, health safety & security system with modern facilities. Bengal Windsor Thermoplastic Limited, a company of Bengal Group, has achieved the grade through complying all the international rules and regulations. As a pre-condition, factories who are willing to supply merchandise to Walmart must be assessed by Walmart nomited international firms. Wal-Mart disclosed the grade, after getting this monitoring report on interested factory's overall situation.
As per rules and regulations, Wal-Mart assesses all the companies who produce Walmart marchandise into four categories-- Green, Yellow, Orange and Red. A company gets yellow grade certificate when it completely follows the strict rules and regulations with minor mistakes. Walmart does not source any product from any Red catagory factory. Notebly, Wal-Mart has certified 15,027 out of 20,332 factories worldwide.
Bengal Poly & Paper Sack Ltd. ISO certified!
Brig General M Mofizur Rahman, psc, P Eng (Retd), Lead Auditor of AJA Bangladesh Ltd. and A K M Mynul Hoq Niyaz, Office Manager of AJA Bangladesh Ltd. hands over ISO 9001:2008 Quality Management Certificate to Mr Jashim Uddin, Vice Chairman, & Mr. Firoz Alam, Managing Director of Bengal Poly & Paper Sack Ltd. at Bengal House, 75 Gulshan Avenue, Gulshan 1, Dhaka 1212, Bangladesh on March 29, 2014 Bengal Poly & Paper Sack Ltd. is a sister concern of Bengal Group. Bengal Poly & Paper Sack Ltd - a largest PP Woven bag factory of the country.
12th Annual General Meeting of Bengal Poly and Paper Sack Limited
The 12th Annual General Meeting of Bengal Poly and Paper Sack Limited (a company of Bengal Group of Industries) was held on 19 March 2014 at the Westin Dhaka (Gold Room), Gulshan-2, Dhaka. The Chairman of the Company, Mr. Morshed Alam presided over the meeting. The Managing Director of the Company Mr. Firoz Alam including Mr. Jashim Uddin (Vice Chairman), Mr. Saiful Alam (Director), Mr. Humayun Kabir (Managing Director of Bengal Windsor Thermoplastics Limited), Mr. Shamsul Alam (Managing Director of Bengal Adhesive and Chemicals Products Limited), Mr. Hassan Shahid Sarwar FCA, Chief Financial Officer and Mr. Darul Awam Tuhin ACS, Company Secretary of the Company were present in the meeting as well.
The factory of the Company is located in Domna, Kashimpur, Gazipur Sadar, Gazipur, which is one of the leading Cement Bag and White Bag manufacturer of the country, with a yearly production capacity of 59 million pieces. The gross turnover of the Company was Tk. 67.49 crore in 2011-12, increased to Tk. 76.44 crore showing a growth of 13.26 percent and Net Profit has been increased by 20.59 Percent from Tk. 5.05 crore in 2011-12 to Tk. 6.09 crore in 2012-13. EPS and NAV of the Company for the year ended 30 June 2013 is Tk. 3.04 and Tk. 29.67 respectively. It is a public limited Company and going to be listed on the Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. by issuing shares through Initial Public Offering (IPO) upon approval of Bangladesh Securities and Exchange Commission.
Bengal Poly and Paper Sack Limited inks IPO deal with IDLC Investments
Mr. Jashim Uddin, Director of Bengal Poly and Paper Sack Limited (BPPSL) and Md. Moniruzzaman, Managing Director, IDLC Investments signed the contract on floating shares of BPPSL.
On 09 March 2014, BPPSL has signed an agreement with IDLC Investments Limited to raise capital through Initial Public Offering (IPO). IDLC Investments Limited will act as Manager to the Issue in this regard.
BPPSL, a concern of Bengal Group of Industries, was incorporated in 2001. The company is a manufacturer of PP woven bags and kraft paper bags for the cement, food grain and poultry feed industries. The factory is located at Gazipur and has a production capacity of 59 million bags per year.
Mr. Humayun Kabir (Director), Mr. Hassan Shahid Sarwar FCA (CFO), Mr. Darul Awam Tuhin ACS (Company Secretary) of BPPSL., Selim R.F. Hussain, CEO & Managing Director of IDLC Finance and Chairman of IDLC Investments, Rubayet-E-Ferdous, Chief Operating Officer, IDLC Investments and other high officials of BPPSL and IDLC were also present on the occasion.
Bengal Windsor Thermoplastics Ltd.
As an appreciation of products productivity and recognition of excellent quality "National Productivity and Quality Excellence Award-2012" has been awarded to Bengal Windsor Thermoplastics Limited handed over by Honorable Minister of Republic of Bangladesh Government Mr. Dilip Barua. In favor of the company, Managing Director Mr. Humayun Kabir (Bablu) received the crest and certificate.
Bengal Hotels & Resorts Limited
Bengal Group of Industries and Swissôtel Hotels & Resorts has signed agreement as on April 28, 2013 for 'The Swissôtel Dhaka'. Swissôtel Dhaka will feature 375 guest rooms and suites with a minimum room size of 38m2, six restaurants and bars, 950m2 of event space including a 500m2 ballrooms, as well as a Pürovel spa with a swimming pool and other recreational amenities.
Mr. Morshed Alam, Chairman of Bengal Group of Industries and Mr. James A. Kaplan, SVP - Development of Swissôtel Hotels & Resorts has signed the hotel management agreement.
Bengal Windsor Thermoplastics Ltd.
The consolidated profit after tax excluding non-controlling interest is Tk. 87.64 million and consolidated basic EPS is Tk. 1.62 for the 6 months ended on 31.12.12 (July'12 to Dec'12) as against consolidated profit after tax excluding non-controlling interest of Tk. 29.36 million and consolidated basic EPS Tk. 0.54 for the same period of the previous year.
Bengal Windsor Thermoplastics Ltd.
Trading of the shares of Bengal Windsor Thermoplastics Ltd. will commence today (April 16, 2013) at DSE under 'N' category. DSE Trading Code for Bengal Windsor Thermoplastics Ltd. is "BENGALWTL" and DSE Company Code is 13231.