InvestmentBBS

BBS Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
BBS approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Bangladesh Building Systems PLC.
Announcement published

Original announcement

(Continuation news of BBS): The Company also informed that EPS decreased due to decreased of revenue and effects of COVID-19, NOCFPS increased due to increase of payment compared to the sales and collection. The Board has also approved Tk. 77,585,587 for BMRE, Machineries and land purchases Business Expansion. The Company has also informed that i) Bonus shares has been recommended in view to utilize its retained amount as capital for business expansion. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055b9e
Original publication
Last verified by BullBD
Translation
BullBD
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