Dhaka, Bangladesh (BBN)-Aman Feed Limited, a listed company with Bangladesh’s stock exchanges, has decided to make an agreement with Tamim Agro for floating fish feed production and supply.
“Under the agreement, Aman Feed will supply raw materials and Tamim Agro will produce maximum 800 MT of floating fish feed per month and supply to the company with effective from March 1, 2016 for the consecutive period of nine months,” said a disclosure posted on the Dhaka Stock Exchange (DSE) on Tuesday.
Aman Feed will sell this floating fish feed through its existing distribution network to all over the country, said the disclosure.
Aman Feed, the fisheries and livestock feed producer was listed on the Dhaka bourse in September last year.
The company floated 20 million ordinary shares at an offer price of BDT 36 each, including BDT 26 as premium with ten taka share and raised a fund worth BDT 720 million from the public.
Each share of Aman Feed closed at BDT 43.6 on Monday.
Based in Sirajgonj, the company started its commercial production on July 12, 2006.
Aman Feed is engaged in producing and distributing poultry, fish, shrimp and cattle feed, according to the company’s website.
BBN/SK/AD