Dhaka, Bangladesh (BBN)– Golden Son Limited (GSL), a listed company is going to offer rights to raise BDT 1.45 billion aiming for business expansion, including financing its solar projects and computer casing manufacturing.
The GSL venture into making solar powered light, panel, fan and central processing unit (CPU) casings for computers will contribute in easing the power crisis as well as digitizing the economy of the country.
The initial cost of the two projects that is expected to be finished within three years has been estimated at about BDT 4.0 billion.
The company targets to bring solar panel and light by early next year in the market, the company executives said.
Currently, Golden Son, which was listed on the stock market in 2007, is exporting its products to Taiwan, the United Kingdom, Canada, South Africa and Singapore.
The Bangladesh-Taiwan joint venture also said it has taken up the project to make solar energy system, LED lighting modules, for the masses, considering demand for green energy at home and abroad.
BBN/SI/AD-23Sept10-10:33 am (BST)
