NRD Cyber Security completes successful phase in Bangladesh and plans to focus on regional expansion

Core Viewpoint - NRD Cyber Security has decided to liquidate its Bangladesh-based entity while continuing its operations in the region without a registered legal entity [1][2]. Group 1: Company Actions - NRD Cyber Security has been operating in Bangladesh since 2015, contributing to the development of national cybersecurity capabilities [2]. - The company controls 99% of NRD Bangladesh's shares, which will be purchased by its founder, Norway Registers Development AS, to facilitate the liquidation [3]. - The planned liquidation will not impact the overall value of NRD Cyber Security or Norway Registers Development AS [3]. Group 2: Business Focus - NRD Cyber Security aims to focus on business development in the Indo-Pacific region following the liquidation of its Bangladesh entity [2]. - The company provides a range of cybersecurity solutions and consulting services, aiming to create secure digital environments for various stakeholders [4].