InvestmentETL

ETL Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
ETL approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Evince Textiles Limited
Announcement published

Original announcement

(Continuation news of ETL): fixtures, fabrication, erection & installation : Tk. 54.70 crore and 2. Building & Civil Construction : Tk. 15.67 crore. The proposed BMRE has been taken up by the Board with a view to enhancing the overall production capacity by 50%. The Board also approved the decision of the Directors of the company regarding their voluntary forgoing of their accumulated remuneration of Tk. 7.32 crore payable to them upto June 30, 2018. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005bc56
Original publication
Last verified by BullBD
Translation
BullBD
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