Announced details
New business opportunities in Bangladesh and Japan. ACI PLC’s business sectors include pharmaceuticals, consumer goods, agriculture-related operations, automotive and agricultural machinery, and retail.
On 29 September 2026, we entered into a Joint Venture Agreement (joint venture agreement) for the establishment of a joint venture company in Bangladesh. We are jointly considering and discussing the establishment of the joint venture company.
A diversified business group headquartered in Dhaka, Bangladesh. Its businesses span pharmaceuticals, consumer goods, agriculture-related operations, automotive and agricultural machinery, and retail. Established in January 1973, it has approximately 13,500 employees and capital of BDT 878,318,430. It is listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange. Its principal group companies include ACI Motors Ltd., ACI Agribusiness Ltd. and ACI Logistics Ltd.
Dhaka, Bangladesh (ACI PLC headquarters)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Business plans through a joint venture company with ACI PLC in Bangladesh |
| Counterparty | Advanced Chemical Industries PLC(ACI PLC) |
| Counterparty overview | A diversified business group headquartered in Dhaka, Bangladesh. Its businesses span pharmaceuticals, consumer goods, agriculture-related operations, automotive and agricultural machinery, and retail. Established in January 1973, it has approximately 13,500 employees and capital of BDT 878,318,430. It is listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange. Its principal group companies include ACI Motors Ltd., ACI Agribusiness Ltd. and ACI Logistics Ltd. |
| Relationship with the Company | On 29 September 2026, we entered into a Joint Venture Agreement (joint venture agreement) for the establishment of a joint venture company in Bangladesh. We are jointly considering and discussing the establishment of the joint venture company. |
| Contract Date | 29 September 2026 |
| Applicable area | New business opportunities in Bangladesh and Japan. ACI PLC’s business sectors include pharmaceuticals, consumer goods, agriculture-related operations, automotive and agricultural machinery, and retail. |
| Location | Dhaka, Bangladesh (ACI PLC headquarters) |
| Location scale | Approximately 13,500 employees |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To pursue the establishment of a joint venture company in Bangladesh with ACI PLC, making use of both companies’ management resources and expertise, with the aim of creating new business opportunities in Bangladesh and Japan.