InvestmentDESHBANDHU
DESHBANDHU Approves Factory BMRE Investment
Announcement summary
- What happened
- DESHBANDHU approved a factory BMRE investment.
- Purpose
- BMRE of the company’s factory
- Facility / project
- Factory BMRE
- Company
- Deshbandhu Polymer Limited
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company has decided to import Brand new capital machineries from Hongkong, India and South Korea at an estimated cost of Tk. 138,680,000.00, to be jointly funded with cash and bank financing for installing a 2 Ply PP Cement Bag manufacturing line under the BMRE program and it will have an estimated annual capacity of 25,000,000 pcs Bags per year.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004006076f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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