Corporate DisclosureIFADAUTOS
IFADAUTOS Corporate Disclosure — 22 August 2021
Announcement summary
- What happened
- IFADAUTOS published a corporate disclosure on 22 August 2021. Read the full announcement for details.
- Company
- IFAD Autos PLC.
- Announcement published
Original announcement
The company has informed that the Board of Directors of IFAD Autos Limited has decided to invest BDT 80 (eighty) crore with a view to acquire 40% (percent) shares of the IFAD Multiproducts Limited subject to the approval by the shareholders/members in forth coming General Meeting of the company. IFAD Multiproducts Limited is one of sister concern of IFAD Group, having a common management. Furthermore, investing amount shall be financed from company's own fund.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040052b82
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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