Brilliant Harvest to expand interest in Domino's Pizza

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Collect Agro Industries Ltd has chosen to expand its value interest in Domino's Pizza through its partner organization - Golden Harvest QSR Ltd. 

The Golden Harvest QSR Ltd will put Tk 110 million in Domino's, out of which 30 percent or Tk 33 million will originate from Golden Harvest Agro Industries Ltd, as indicated by an official revelation on Tuesday. 

By the speculation the Golden Harvest Agro Industries is expecting a net benefit of Tk 50 million in the first year, the exposure said. 

On March 7, 2018, a joint endeavor organization - Jubilant Golden Harvest Ltd - was shaped by Jubilant FoodWorks Ltd (JFL) which possesses Domino's Pizza chain in India and Golden Harvest QSR Ltd, to set up stores in Bangladesh. 

Domino's Pizza was formally propelled on 15 March 2019 with the fantastic opening of its first café in Rangs Fortune Square, Dhanmondi in Dhaka. 

Each portion of Golden Harvest Agro Industries, recorded on Dhaka Stock Exchange in 2013, shut at Tk 31 on Monday. 

In the nine months for July 2018-March 2019, winning per share (EPS) of the organization was Tk 1.55 as against Tk 1.13 for July 2017-March 2018. 

The organization dispensed a 10 percent stock profit in 2018. 

The organization's paid-up capital is Tk 1.19 billion and approved capital is Tk 2.50 billion, while the all outnumber of protections is 119.90 million. 

The support executives possess a 33.03 percent stake in the organization, while the institutional financial specialists claim 46.81 percent, and the overall population 20.16 percent as on August 31, 2019, the DSE information appears. 

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