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CAL to acquire 51% stake in Hong-Kong based fund manager Asia Frontier Capital

Capital Alliance Holdings PLC (CAL), the parent company of CAL Bangladesh, has signed an agreement through its wholly owned Singapore-based subsidiary, CAL Global Pte. Ltd., to acquire a 51% stake in Hong Kong-based fund manager Asia Frontier Capital Ltd. (AFC). The proposed transaction remains subject to regulatory approvals, including clearance from the Securities and Futures Commission of...…

CAL to acquire 51% stake in Hong-Kong based fund manager Asia Frontier Capital

We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.

Read the original at dhakatribune.com →

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