BSEC Approval for Share transfer to UEL

Referring to their earlier news disseminated by DSE on 30.10.2017 regarding share transfer to United Energy Ltd. (UEL), the Company has further informed that BSEC has accorded approval for the transfer of shares belonging to the United Enterprises & Co. Ltd. (UECL) and also individual Sponsor of the Company in favor of United Energy Ltd. (UEL), a sister concern of the United Group.