Corporate DisclosureDELTASPINN
DELTASPINN Corporate Disclosure — 8 December 2014
Announcement summary
- What happened
- DELTASPINN published a corporate disclosure on 8 December 2014. Read the full announcement for details.
- Company
- Delta Spinners Ltd.
- Announcement published
Original announcement
(continuation of news of DELTASPINN): because the spinning project is expected to be more profitable than the weaving project which was shown earlier in the ROD. c) Partial repayment of loan of the Financial Institutions will be made to Agrani Bank Ltd., Bangladesh Development Bank Ltd. (BDBL), Premier Leasing & Finance Ltd. (PLFL) and Southeast Bank Ltd. amounting to Tk. 28.50 crores instead of Tk. 18.35 crores envisaged earlier in the ROD because by repaying higher interest bearing loan liabilities, the Company's financial position will be better off. d) The Board also observed that the Rights Issue Expense will remain unchanged at Tk. 62.56 lacs as per ROD. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf4d5a6b0000400655fb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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