Corporate DisclosureIFADAUTOS

IFADAUTOS Corporate Disclosure — 27 December 2020

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Last verified by BullBD

Announcement summary

What happened
IFADAUTOS published a corporate disclosure on 27 December 2020. Read the full announcement for details.
Company
IFAD Autos PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has decided to purchase measuring area 1 Bigha (33 decimal) of the plot no. 316/A, B (northeast location) situated at Tejgaon Industrial Area, Dhaka-1208, for total consideration of Tk. 19,84,00,000.00 (nineteen crore eighty four lakh) only (including all registration cost). This land will be used for the future expansion of the business of the company. Furthermore, this investment will be carried out of company's own fund.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054ccc
Original publication
Last verified by BullBD
Translation
BullBD
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