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Emerald Oil to keep 7.81% shares as security on loan for working capital

Emerald Oil Industries Spondon-branded edible oil producer has secured regulatory approval to keep shares as security on a loan out of mandatory holdings by 30% of sponsor-directors to meet working capital. The owner of Emerald Oil, Minori Bangladesh, owns 38.26% shares of the company. ....

Afzal Hossain , Emerald Oil , Dhaka Stock Exchange , Exchange Commission , Minori Co Ltd , Emerald Oil Industries , Soil Industries , Minori Bangladesh , Bangladesh Securities , Business Standard ,