Orion signs issue manager deal

ICB Capital Management Ltd (ICML) agreed to be the issue manager of Orion Group Laboratories, a subsidiary of Orion Group, for issuing an IPO under book-building method. Mohammad Obaidul Karim, managing director of Orion Group Laboratories, and Mohammad Abdur Rauf, chief executive officer of ICML, signed the agreement in Dhaka on Monday.
Orion Group
Orion Group Laboratories has recently signed an issue management agreement with state-owned ICB Capital Management Ltd (ICML) for issuing initial public offering (IPO) through book-building method, said a statement.
ICML will work as an issue manager of Orion Group Laboratories, a subsidiary of Orion Group.
Obaidul Karim, managing director of Orion Laboratories, and Abdur Rauf, chief executive officer of ICML, signed the deal on behalf of their respective organisations on Monday.
Orion Laboratories will collect the money from the general investors to set up a pharmaceutical plant and a power plant.
This new factory will be the biggest in the pharmaceutical industry in Bangladesh in terms of investment, covered area, and the number of varieties of dosage forms to be produced, said the statement.
The 200MW power plant under the
purview of Orion Laboratories will be added to the national grid by March next year, the statement added.
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Obaidul Karim Owner Of orion group

orion group

The government has entered a deal with Orion Group to install three private coal-based power plants to add 1088MW power to the national grid.
Although there is a government-run coal-based power plant producing 250MW power at Barapukuria, this is the first move to get private firms to produce power from coal.
On Jan 29, the government struck a deal with India for installing a coal-based power plant with a capacity to produce 1030MW at Rampal in Bagherhat near the Sundarbans.
One of the new power plants will be set up at Mawa in Munsiganj to produce 522MW. Two other plants will be established at Anwara in Chittagong and in Khulna each with a capacity of generating 282.67MW.
Orion Group Managing Director Salman Obaidul Karim and Power Development Board (PDB) Secretary Md Azizul Islam signed the agreement at the Bidyut Bhaban.
The power plant at Mawa will go into operation in 45 months while the plants at Khulna and Chittagong will be built in 36 months.
The government will pay Tk 4.79 for per unit power produced by the Mawa plant and Tk 4.45 for power supplied from the other two plants.
Currently daily power production is 5,500MW against the demand of 7,000MW.
The Prime Minister's Adviser Tawfiq-e-Elahi Chowdhury, State Minister for Power Mohammad Enamul Hoque, Power Secretary Abul Kalam Azad, PDB Chairman ASM Alamgir Kabir and Orion Group Chairman Obaidul Karim were present at the ceremony.
"Many had feared whether it would be possible at all to establish power plant by importing coal. After overcoming all the challenges we are going to prove that through this agreement. I hope the plants will come into operation at the expected time," said advisor Chowdhury.
Chairman Karim said they will import coal from Australia and Indonesia and that reputed organisations have been employed to look into issues including building the plants and importing coal.
He was also hopeful about making the plants operational three months before schedule.
Power is being produced using five types of energy. About 80 percent of the daily power is being produced using gas, while furnace oil and diesel are used for producing 17 percent. Water and coal produces 3 percent.
After assuming power the government undertook a plan of raising daily power production by 15,000MW within 2016.


Obaidul karim Owner Of Orion Group

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Obaidul KarimOwner of Orion Groups Bangladesh

Obaidul Karim, owner of Orion Groups bangladesh have spoke about technology on the occassion of TECHNO EXPO.
Obaidul Karim - Orion Group

Obaidul Karim’s Speech about technology relates to the technologies designed to duplicate and respond to the human voice. They have many uses. These include aid to the voice-disabled, the hearing-disabled, and the blind, along with communication with computers without a keyboard. They enhance game software and aid in marketing goods or services by telephone.
Speech synthesis is the artificial production of human speech. A computer system used for this purpose is called a speech synthesizer, and can be implemented in software or hardware. A text-to-speech (TTS) system converts normal language text into speech; other systems render symbolic linguistic representations like phonetic transcriptions into speech.]
Synthesized speech can be created by concatenating pieces of recorded speech that are stored in a database. Systems differ in the size of the stored speech units; a system that stores phones or diphones provides the largest output range, but may lack clarity. For specific usage domains, the storage of entire words or sentences allows for high-quality output. Alternatively, a synthesizer can incorporate a model of the vocal tract and other human voice characteristics to create a completely “synthetic” voice output.
The quality of a speech synthesizer is judged by its similarity to the human voice and by its ability to be understood. An intelligible text-to-speech program allows people with visual impairments or reading disabilities to listen to written works on a home computer. Many computer operating systems have included speech synthesizers since the early 1990s.
n Computer Science, speech recognition is the translation of spoken words into text. It is also known as “automatic speech recognition”, “ASR”, “computer speech recognition”, “speech to text”, or just “STT”.
Obaidul Karim - Orion Group

Speech recognition (SR) is technology that can translate spoken words into text. Some SR systems use “training” where an individual speaker reads sections of text into the SR system. These systems analyze the person’s specific voice and use it to fine tune the recognition of that person’s speech, resulting in more accurate transcription. Systems that do not use training are called “Speaker Independent” systems. Systems that use training are called “Speaker Dependent” systems.
Speech recognition applications include voice user interfaces such as voice dialing (e.g., “Call home”), call routing (e.g., “I would like to make a collect call”), domotic appliance control, search (e.g., find a podcast where particular words were spoken), simple data entry (e.g., entering a credit card number), preparation of structured documents (e.g., a radiology report), speech-to-text processing (e.g., word processors or emails), and aircraft.
The term voice recognition refers to finding the identity of “who” is speaking, rather than what they are saying. Recognizing the speaker can simplify the task of translating speech in systems that have been trained on specific person’s voices or it can be used to authenticate or verify the identity of a speaker as part of a security process.
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About Obaidul Karim


Obaidul Karim is a distinguished self-achieved Industrialist & Businessman. He is the founder Chairman of ORION GROUP, one of the leading industrial conglomerates in Bangladesh. Bangladesh is an economy firmly in transition. Driven by the ramifications of the success over the years, ORION GROUP, through major investment undertakings, has meaningfully contributed to the country’s national economy’s stability in financial market. Underlying all of the Group’s activities are the common threads of change, flexibility, and fostering closer ties with the Government and its clients.
Obaidul Karim
Starting from early eighty’s with a vision of taking our nation a step towards tomorrow.
Obaidul karim has been one of leading Entrepreneurs in the country over the years. The road had been quite difficult and the tasks forbidding, but Mr. Karim made it possible only by his commitment, dedication and self-confidence. With the support of a highly skilled management structure under the leadership of Mr. Karim and support of almost 18000 dedicated professionals, ORION has achieved a degree of success that is unparalleled in the country’s business history. ORION has assumed the leadership role with its operations in the pharmaceuticals, cosmetics & toiletries, infrastructure development, Real Estate & construction, power, high-tech agro products, textiles & garments, aviation management and trading sectors. Some of the units of the Group are successfully listed in the Stock Exchange of Bangladesh .
ORION’s major foreign partners and collaborators include, LEA International of Canada, LEA Associates South Asia of India, Cord Engineering of Singapore, 3-B Plan of Turkey, New Vision of the UAE, Belbaco Contracting LLC of UAE, Benifts Group of Sudan, Panbo Systems BV of the Netherlands, Haarhuis Generatoren of the Netherlands, Changjhow Wajin of China.
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Orion Group News

                                         Orion signs issue manager deal

CB Capital Management Ltd (ICML) agreed to be the issue manager of Orion Laboratories, a subsidiary of Orion Group, for issuing an IPO under book-building method. Mohammad Obaidul Karim, managing director of Orion Laboratories, and Mohammad Abdur Rauf, chief executive officer of ICML, signed the agreement in Dhaka on Monday. 

Orion Laboratories has recently signed an issue management agreement with state-owned ICB Capital Management Ltd (ICML) for issuing initial public offering (IPO) through book-building method, said a statement.

ICML will work as an issue manager of Orion Laboratories, a subsidiary of Orion Group.
Obaidul Karim, managing director of Orion Laboratories, and Abdur Rauf, chief executive officer of ICML, signed the deal on behalf of their respective organisations on Monday.
Orion Laboratories will collect the money from the general investors to set up a pharmaceutical plant and a power plant.

This new factory will be the biggest in the pharmaceutical industry in Bangladesh in terms of investment, covered area, and the number of varieties of dosage forms to be produced, said the statement.
The 200MW power plant under the purview of Orion Laboratories will be added to the national grid by March next year, the statement added.




Orion Group

ORION GROUP is one of the leading industrial conglomerates in Bangladesh over the years. With the support of a highly skilled management structure and 18000 dedicated professionals, ORION has achieved a degree of success that is unparalleled in the country’s business history. 

ORION 
has assumed the leadership role with its operations in the Pharmaceuticals, Cosmetics & Toiletries, Infrastructure Development, Real Estate & Construction, Power, High-tech Agro Products, Hospitality, Textiles & Garments, Aviation Management sectors. Some of the units are successfully listed in the Stock Exchange.

ORION
is the market leader in Pharmaceuticals and Cosmetics & Toiletries sectors over the years in the country. Besides these, ORION has extensively focused on Infrastructure Development and Power Generation businesses through major investment undertakings and significantly contributed to the country’s national economy's stability through the right business to business strategy.

The Group’s main objective follows the principle to reduce rural poverty and foster sustainable economic development of the country.
Orion Group - Obaidul Karim


Vision, Mission & Values

Vision:
‘To be regarded as a world-class corporate house through products, services & values’.
 
Mission:

·         Continuous development of people competency.
·         Recognizing individual contribution.
·         Introducing new and innovative products and technologies.
·         Assuring quality products from advanced manufacturing facilities.
·         Exceeding customer satisfaction and granting trust through quality services.

Values:
To achieve its aspired vision, Orion subscribes the following values:
·         Quality in everything we do.
·         Live up to our commitments.
·         Transparent and fair in all our dealings.
·         Take initiative to exceed standards.
·         Trust and respect to each other.
·         Work as a team.
·         Share social responsibility.

Strategic Business Units:

·         Agro Products
·         Aviation Management
·         Cosmetic & Toiletries
·         Construction & Allied
·         Energy Sector
·         Hospitality Management
·         Infrastructure Development
·         Knit Textiles
·         Pharmaceuticals
·         Power Generation
·         Real Estate
Orion Group - Obaidul Karim



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