Corporate DisclosureIBNSINA

IBNSINA Corporate Disclosure — 26 September 2017

Published
Last verified by BullBD

Announcement summary

What happened
IBNSINA published a corporate disclosure on 26 September 2017. Read the full announcement for details.
Company
The IBN SINA Pharmaceutical Industry PLC
Announcement published

Original announcement

The Company has informed that as per approval of Bangladesh Small and Cottage Industries Corporation (BSCIC) authority, Government of Bangladesh, the Board of Directors of the Company has decided to purchase a land measuring area of 1.52 acres at BSCIC API Industrial Park, Gozaria, Munshi Gonj, Bangladesh at a cost of Tk. 7,16,78,801.00 to be paid within 10 years in 10 equal instalments at the rate of Tk. 71,67,881.00 for establishment of a plant of Active Pharmaceutical Ingredients (API).

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005e9c1
Original publication
Last verified by BullBD
Translation
BullBD
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