Linde BD decided to restructure business

Stock market Desk , Published: 2023-03-13 14:49:56, Updated: 2023-03-13 14:49:56

Capital Market Listed energy and power sector company Linde BD Limited has decided to restructure and realign its gas and hard products business through a demerger process.

This information is known from DSE sources.

It is learned that the company has submitted a draft in this regard to the High Court as per the provisions of the Act. The company can enter into new business with the consent of the shareholders at the special general meeting (EGM). Linde BD will set up subsidiaries for gas and hard commodities business after obtaining approval from the High Court and capital market regulator.

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