Corporate DisclosureAL-HAJTEX
AL-HAJTEX Corporate Disclosure — 9 October 2019
Announcement summary
- What happened
- AL-HAJTEX published a corporate disclosure on 9 October 2019. Read the full announcement for details.
- Company
- Al-Haj Textile Mills Limited
- Announcement published
Original announcement
With reference to their earlier news disseminated by DSE on 22.09.2019 regarding Extension of Lay off period of the Factory, the Company has further informed that due to non-improvement of market situation of yarn sale, management has taken decision for closure of the mill and retrenched the staff and workers of the mill with effect from October 08, 2019 as per Bangladesh Labour Law section 16(7) & 20(2) (KA). They also informed that the mill will re-open subject to improvement of the market situation.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058db6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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