Beximco Pharma Share News (BXP)

Beximco Pharma petitions board appointments amid fraud allegations

(Alliance News) - Beximco Pharmaceuticals Ltd on Tuesday said it had issued a petition against nine appointments to its board by the Bangladesh Securities and Exchange Commission.

Beximco Pharmaceuticals says full court hearing set for October 28

(Alliance News) - Beximco Pharmaceuticals Ltd on Wednesday said the Bangladesh court has referred the company's appeal in its recent fraud case to a full-court hearing, which will take place on October 28.

IN BRIEF: Beximco Pharma vice-chair arrested for ties to ousted PM

Beximco Pharmaceuticals - Dhaka-based generic pharmaceutical products and active ingredients manufacturer - Confirms that Vice-Chair Salman Rahman was arrested by Dhaka police on Tuesday and will be held for 10 days while an investigation into alleged offences is carried out. Rahman was a private industry and investment advisor to deposed Bangladesh prime minister Sheikh Hasina, who fled the country earlier this month amid accusations of human rights abuses.

IN BRIEF: Beximco Pharma says Bangladesh unrest reduced distribution

Beximco Pharmaceuticals Ltd - Dhaka-based generic pharmaceutical products and active ingredients manufacturer - Distribution of products was reduced in response to the recent civil unrest in Bangladesh, in the interest of employee safety, but it is now returning to normal levels. "The interim government of Bangladesh has indicated that it intends to address any ongoing unrest as a priority, and we expect to be able to resume normal distribution in the coming days," Beximco says. No significant damage was done to its manufacturing and distribution facilities, and the company says it doesn't expect the disruption to have a "material impact" on annual results.

EARNINGS AND TRADING: Software Circle & Beximco report higher revenue

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Beximco names Iqbal Ahmed as managing director

Beximco Pharmaceuticals Ltd - generic pharmaceutical products and active ingredients' manufacturer - Announces that Non-Executive Director Iqbal Ahmed has been appointed as Beximco's managing director for five years with immediate effect. This appointment is subject to approval of the shareholders, and follows the departure of Nazmul Hassan. According to Beximco, Ahmed is a "long-standing member of the Beximco Pharma Board" and has over 47 years business experience, including within the pharmaceutical sector.

Beximco Pharmaceuticals to strengthen portfolio as interim profit up

(Alliance News) - Beximco Pharmaceuticals Ltd on Tuesday said it aimed to continue momentum into the second half as it reported profit and revenue growth for the first financial half.

IN BRIEF: Beximco MD steps down to join Bangladeshi cabinet

Beximco Pharmaceuticals Ltd - generic pharmaceutical products and active ingredients' manufacturer - Says Managing Director Nazmul Hassan will step down, effective immediately, after 14 years at the company. This follows an invitation from the Bangladeshi Prime Minister Sheikh Hasina for Hassan to join her newly formed cabinet as a minister, following the recent Bangladesh parliamentary election on Sunday.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Cellular Goods product in Sephora's "Beauty Box"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Beximco boosts revenue in local currency but profit falls

(Alliance News) - Beximco Pharmaceuticals Ltd on Wednesday said revenue increased in its latest year, but noted that rising costs and the lack of vaccine distribution income caused profit to fall.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Beximco working to fix deficiencies at manufacturing plant

Beximco Pharmaceuticals Ltd - Dhaka-based generic pharmaceutical products and active pharmaceutical ingredients maker - Clarifies recent press report that discussed findings from a planned good manufacturing procedure inspection of the company's ophthalmic manufacturing unit between July 28 and August 1 by The Malta Medicines Authority.

EARNINGS UPDATES: HC Slingsby profit falls, East Imperial loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Ferro-Alloy eyes revenue to drop below market view

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: