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Emerald Oil to invest Tk 400cr on new rice bran oil plant

Emerald Oil is planning to invest Tk 400 crore on a new plant in the Jamalpur Economic Zone to increase its production of rice bran oil for export.

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.

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