Company Analysis on MJL Bangladesh PLC
MJL Bangladesh PLC (MJLBD), a joint venture between EC Securities Ltd. and Jamuna Oil Company Ltd., stands as a market leader in Bangladesh’s fuel, lubricant, and LPG sectors. As the exclusive local partner of ExxonMobil, the company operates a state-of-the-art lube oil blending plant and maintains a strong portfolio through its subsidiaries: Omera Petroleum Ltd. (62.49% of share holds by MJL Bangladesh), Omera Cylinders Ltd.(99.98% share holds by MJL Bangladesh), and Omera Gas One (OPL holds 50% share of Omera Gas One LTD).