InvestmentBSRMSTEEL
BSRMSTEEL Approves Factory BMRE Investment
Announcement summary
- What happened
- BSRMSTEEL approved a factory BMRE investment.
- Company
- BSRM Steels Limited
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company has decided to issue Zero Coupon Bond of Tk. 2,000.00 million subject to the approval from the Bangladesh Securities and Exchange Commission. The proceeds will be used for capital expenditure/ refinancing of costly loans and equity investment in the power project of BSRM Group of Companies.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf4d5a6b00004006410e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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