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Nepalese Forbes-listed billionaire Binod Chaudhary has announced the acquisition of majority shares in the United Bank of Colombo (UBC) inContinue Reading ....
The acquisition of 70.84 per cent shares in UBC is via CG Capital Partners, a private equity company incorporated in Singapore under the umbrella of CG Corp Global, , Binod Chaudhary, CG Corp Global Sri Lanka, CG Corp Global ....
Subsidiary of CG Corp Global – CG Capital Partners Singapore to acquire 70.84% of Union Bank Colombo (UBC) Acquisition is Chaudhary’s CG Corp Global’s debut into SL’s financial industry When Nepalese billionaire Binod Chaudhary first made a significant investment in 2001 in the iconic Taj Samudra Colombo through a joint venture with Indian Hotels Corporation. ....
The International Finance Investment and Commerce (IFIC) Bank, reported a 57% decline in its consolidated net profit in the first quarter of 2022. During the January-March quarter, its consolidated earnings per share (EPS) declined to Tk0.19, which was Tk0.44 at the same time in 2021. According to the bank's disclosure on the Dhaka Stock Exchange (DSE) website on Tuesday, its ....
Some Nepali newspapers reported that MV Dugar Group has filed a case in Kathmandu District Court against NBB share purchase agreement with Chaudhary Group ....