InvestmentAPEXFOOT

APEXFOOT Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
APEXFOOT approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Apex Footwear Limited
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to enhance the existing production capacity of the Company and to ensure fulfillment of the International requirements through BMRE (Balancing, Modernization, Rehabilitation and Expansion) project. The location of the project is existing export factory (Unit-1). Estimated total project cost would be Tk. 81.50 crore (approx) with the following break up: Building construction cost: Tk. 60.00 crore, Machineries cost: Tk. 15.00 crores (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005f7e3
Original publication
Last verified by BullBD
Translation
BullBD
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