Confidence Cement Dhaka Limited (CCDL), an associate of Confidence Cement Limited (CCL), recently signed a contract with China National Heavy Machinery Corporation (CHMC) to procure machines for its cement mill.
Under the contract, the supply and delivery of necessary machines/equipment along with accessories, related auxiliaries and technical assistance will be ensured for the CCDL's 280 TPH capacity cement mill.
Imran Karim, vice chairman of the CCDL, and Jin Renzhe, vice president of CHMC, have signed the contract on behalf of their respective organisations, according to a statement.
Rezaul Karim, chairman of CCL and CCDL, Salman Karim, director of CCL and CCDL, Shah Muhammed Hasan, director of CCL, AZM Sazzadur Rahman, independent director of CCL, Zahir Uddin Ahmed, managing director of CCL, Abdullah Al Mahmud, project director of CCDL, among others, were also present at the signing ceremony.
The CCL, an 'A' category company, was listed with the stock exchanges in 1995.
The company's sponsor-directors hold 29.87 per cent shares, institutes 32.39 per cent and general shareholders 37.74 per cent as of August 31, 2018.
The share price of the CCL closed at Tk 213.70 each on Thursday with a marginal rise of 0.28 per cent or Tk 0.60.
