Corporate DisclosureACI
ACI Corporate Disclosure — 18 March 2018
Announcement summary
- What happened
- ACI published a corporate disclosure on 18 March 2018. 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 plan of its subsidiary, ACI MOTORS LIMITED to sign a manufacturing agreement with YAMAHA MOTORS CO. LTD., JAPAN, under which YAMAHA brand motorcycle will be produced in Bangladesh through a fully CKD assembling plant. The estimated production capacity of the plant will be 50,000 units/p.a. and the revenue of which is projected to be Tk. 5,000.00 million/p.a. ACI Limited being the parent Company has 67.50% stake in the subsidiary.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005d305
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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