The new BHD will have a turnover of about pounds 100 million and nearly 900 staff.
It has four other production companies - Vista in Birkenhead on Merseyside, BHD Building Products in Washington, Tyne and Weir, Aqualux in Wednesbury and BHD Conservatories in Tamworth.
The ratings for BHD Valores, PyME BHD and BHDIB also reflect the operational and financial support provided by BHD and its sole shareholder Centro Financiero BHD (CFBHD).
BHD is 98% owned by CFBHD and is its largest subsidiary, with about 90% of combined assets and 73% of net income before eliminations as of December 2011.
is 98% owned by CFBHD and is its largest subsidiary, with about 89% of combined assets and 76% of net income before eliminations as of Dec.
In the case of the other three subsidiaries of Centro Financiero BHD
, their ratings are based on the expected support from BHD
should it be required from those entities, since these entities provide complementary services to the bank and are clearly linked to the franchise of the bank in the Dominican Republic and Panama (international bank license.
At the end of March 2006, BHD
had an equity to assets ratio of 8.
Com Bhds wholly-owned subsidiary, DiGi Telecommunications Sdn Bhd (Digitel), has issued the first series of Islamic medium-term notes (IMTN) worth RM900 million in nominal value.