Corporate DisclosureACI

ACI Corporate Disclosure — 16 August 2020

Published
Last verified by BullBD

Announcement summary

What happened
ACI published a corporate disclosure on 16 August 2020. Read the full announcement for details.
Company
Advanced Chemical Industries PLC
Announcement published

Original announcement

The Company has informed that the Board of Directors has approved a foreign investment of Tk. 1,260,000,360.00 (One Billion Two Hundred Sixty Million Three Hundred and sixty only) for 2,333,334 Convertible Non-cumulative Preference Shares of Tk. 100.00 each at a premium of Tk. 440.00 in the share capital of ACI Motors Limited, one of its Subsidiaries and approved the draft Shareholders' Agreement and Share Subscription Agreement for execution. (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400566d3
Original publication
Last verified by BullBD
Translation
BullBD
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