Mobile distributor SiS subsidiary to be listed in Bangladesh bourses

DHAKA, Nov. 6 (NsNewsWire) — A leading Asian investment holding company has announced that its subsidiary — Information Technology Consultants Limited (ITCL) — will be separately listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange in Bangladesh.
ITCL Wednesday made the announcement in a press release.
SiS International Holdings, engaged in the distribution of mobile and information technology (IT) products, expected to retain a 37.60 per cent interest in ITCL after the listing is completed.
SiS, one of the largest distributors of mobile devices, such as smartphones, with a large reseller network that covers Bangladesh, Thailand, Indonesia and the Philippines, has investments in selected properties consisting of hotel, commercial, industrial and residential properties in Hong Kong, Singapore and Japan.