Later on the company converted itself into a public limited company with effect from 12 June 2013. The address of the Company’s registered office is 20, Kemal Ataturk Avenue, Banani, Dhaka-1213; besides this the corporate address of the company is Assurance Nazir Tower (Level-06), 65/B Kemal Ataturk Avenue, Banani, Dhaka-1213. This Company is a fully owned subsidiary of LankaBangla Finance Limited.
During the period of 1999-2005, its operation became stagnant due to the market condition. At the end of 2006, its merchant banking operation started again with a non discretionary portfolio product along with issue management and underwriting services. By the end of 2010, it became one of the top merchant banks.