InvestmentADNTEL
ADNTEL Approves Factory BMRE Investment
Announcement summary
- What happened
- ADNTEL approved a factory BMRE investment.
- Purpose
- BMRE of the company’s factory
- Facility / project
- Factory BMRE
- Company
- ADN Telecom Limited
- Announcement published
Original announcement
The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) has approved the alteration of use of IPO fund and the time extension of utilization schedule of IPO proceeds of the company. According to the approval, (1) the utilization of the remaining balance amount of BDT 288,582,868 under the head of BMRE, has been extended for 2 years i.e., up to 31 December 2022; (Cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053db0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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