Corporate DisclosureIBNSINA
IBNSINA Corporate Disclosure — 4 March 2020
Announcement summary
- What happened
- IBNSINA published a corporate disclosure on 4 March 2020. Read the full announcement for details.
- Company
- The IBN SINA Pharmaceutical Industry PLC
- Announcement published
Original announcement
Refer to their earlier news disseminated by DSE on 23.01.2020 regarding "Decision to establish a Subsidiary Company", the Company has further informed that the Board of Directors has decided to take over the sponsor shares up to 65% where the Board approved Paid-up Capital TK. 10,00,00,000.00 only as against Authorized Capital of Tk. 40,00,00,000.00 of the proposed Subsidiary Company named IBN SINA Polymer Industry Ltd. in order to (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400574e4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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