reports
- Rayhan Ahmed
Equity Note on MJL Bangladesh PLC (MJLBD)
MJL Bangladesh PLC. (MJLBD) operates as a leading fuel and gas company, primarily engaged in blending, importing and selling of lubricants. The company holds the exclusive right to blend and distribute ExxonMobil-branded lubricant products in Bangladesh. In addition to its core lubricant business, the company is also involved in LPG importing, bottling, distributing, and cylinder manufacturing through its subsidiaries.
- Md. Asrarul Haque
Equity Valuation Report-MJL Bangladesh Limited (Initiation Coverage)
MJL Bangladesh Limited (MJLBD) is a joint venture Company between state-owned Jamuna Oil Company Limited and EC Securities Limited (subsidiary of the East Coast Group). EC Securities Limited holds 52.062% shares of the company while Jamuna Oil Company Limited owns 19.454% stake of the MJLBD as on 30 June 2016. MJLBD initiated as a lubricating oil marketing company of Mobil brand but later in 2003 with the introduction of Lube Oil Blending Plant (LOBP) it also got engaged in blending lubricant an...
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