InvestmentBSRMSTEEL
BSRMSTEEL Approves Factory BMRE Investment
Announcement summary
- What happened
- BSRMSTEEL approved a factory BMRE investment.
- Company
- BSRM Steels Limited
- Announcement published
Original announcement
With reference to their earlier news disseminated by DSE on December 29 and 30, 2015 the Company has further informed that they have revised the PSI in the following manner: "The Board of Directors of BSRM Steels Limited has confirmed that the BSEC has approved to issue Zero Coupon Bond for Tk. 245,05,92,000.00 only to meet the capital expenditure/refinancing of costly loans and equity investment in the power project of BSRM Group of Companies. Face value of each bond is BDT Tk. 1,000.00 only".
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040062b40
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from BSRMSTEEL
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.